🔴 $ETH Long Liquidation: $125.59K at $3612.00
Heavy hit to longs. Bulls losing grip.
📉 Trend: Bearish
Large long liquidation shows buyers were overextended
Support levels are being tested
Momentum is fading near recent highs
😨 Market Sentiment:
• Fear and caution rising
• Bulls are shaken after this liquidation
• Shorts gaining confidence
• Volume thinning out
🧭 Next Move:
Wait or Short on Breakdown
No clear bullish signal yet
Avoid long entries until price stabilizes or reclaims key levels
🎯 Bearish Targets (if breakdown continues):
• Target 1: $3550
• Target 2: $3480
• Target 3: $3400
🛑 Stop Loss (for shorts): $3665
🔼 Resistance: $3650
🔽 Support: $3555
⚠️ Summary:
$125K in longs liquidated at $3612 means serious pressure
$ETH is at risk of further drop if $3555 doesn’t hold
Momentum favors bears right now
Let price settle—then consider next entry carefully
#BuiltonSolayer #IPOWave #BTCUnbound #CFTCCryptoSprint #TradeBeacon