Ethereum ($ETH ) Market Flash: $2.52K Short Liquidation at $4,044.65
ETH witnessed a short liquidation of $2,523.9 at $4,044.65, showing sellers were squeezed as the price rebounded above the $4K mark.
Critical Levels
Support Range: $3,980 – $4,020
Resistance Range: $4,120 – $4,180
Market Insight:
The $4,000 zone continues to act as a pivot. If ETH maintains strength above $4,020, bulls could aim for the $4,120–$4,180 band. A rejection at resistance may lead to sideways action, while dipping below $3,980 could trigger fresh selling pressure.
Trade Setup
Buy Entry: $4,010 – $4,030
Profit Target: $4,120 – $4,160
Stop Loss: Below $3,975
Next Move: With shorts being liquidated, momentum leans bullish. A breakout above $4,120 could open the path toward $4,200+, but traders should stay alert for whipsaws around the $4K level.
#BinanceHODLerXPL #BinanceHODLerHEMI #AltcoinStrategicReserves #MarketPullback #GoldHitsRecordHigh