$ETH ereum Market Alert

A long position worth $5.49K was liquidated as ETH hit $4,377.88, signaling renewed selling pressure at higher levels.

Key Levels to Watch

Support Zone: $4,250 – $4,300 (buyers may try to defend here)

Resistance Barrier: $4,420 – $4,480 (sellers are active)

Market Insight

The liquidation spike indicates over-leveraged traders are being flushed out. Momentum has cooled slightly, but ETH remains in a bullish structure as long as it stays above $4,250.

Trade Ideas

Buy Entry: Around $4,280 with a tight stop at $4,230

Sell Entry: Near $4,450 if momentum stalls, aiming for $4,320

Next Move: Watch for a breakout above $4,480 to unlock $4,600+ potential.

Quick Takeaway

This dip looks more like a reset than a trend reversal—short-term traders should stay nimble, while mid-term investors can view this as an accumulation opportunity.

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