📈 $ETH / USDT – Big Liquidation Sparks Potential Move

$ETH just saw a $6.17K long liquidation at $4,270.53, wiping out over-leveraged positions. Historically, ETH often rallies after weak hands are cleared.

Key Levels:

Support: $4,200 – $4,270 (liquidation zone)

Resistance: $4,380 – $4,450

Breakout: $4,600+

Trade Setup:

Entry: $4,220 – $4,270 (accumulation zone)

Stop Loss: Below $4,100

Targets:

TP1: $4,380

TP2: $4,450

TP3: $4,600+ (momentum rally)

Trading Tips:

1. ETH often leads altcoins—monitor its strength vs BTC.

2. Accumulate at spot prices instead of chasing leverage.

3. Take profits gradually, as ETH tends to swing near resistance.

Market Sentiment:

The long liquidation cleared weak hands, setting the stage for stronger buyers. If $4,200 support holds, ETH could surge toward $4,600+, potentially lifting the broader alt market.

Current Price: $4,311.07 (+3.03%)

#ETHInstitutionalFlows #PowellWatch #FOMCMinutes #AKEBinanceTGE