Ethereum ($ETH ) just saw $50,100 worth of long positions wiped out at the $3,964 mark — a sharp reminder that whales still rule the battlefield. The liquidation wave hints at aggressive stop hunts as traders fight to control the next big move.
📊 Market Overview:
After testing the $4,000 barrier multiple times, ETH faced a swift rejection, triggering leveraged long flushes. However, the underlying trend remains strong — and smart money might be reloading for the next leg up.
🧭 Support Levels:
$3,920 – Immediate bounce zone; bulls need to defend this to maintain structure.
$3,850 – Key psychological and technical support; losing it could extend downside momentum.
💥 Resistance Levels:
$4,020 – First major hurdle; reclaiming it could spark short-covering.
$4,120 – Strong breakout zone; above this, ETH could target new monthly highs.
🎯 Next Target Market Insights:
If $ETH holds above $3,920, expect a potential rally toward $4,050–$4,120 as buyers regain confidence.
But if bears push below $3,850, expect a deeper retest around $3,780, where accumulation could resume before the next wave higher.
⚡ Thrilling Takeaway:
Ethereum’s liquidity shakeout may just be the calm before the breakout storm. The market flushed weak hands — now, it’s all about who steps in next at $3,900.
#BinanceHODLerENSO #BinanceHODLerYB #CryptoMarketAnalysis #StrategyBTCPurchase #TrumpTariffs