BREAKING 🤯😱: $49,030,000 in short positions has been | Hua BNB on Binance Square

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BREAKING 🤯😱:$49,030,000 in short positions has been liquidated in the last 60 minutes.

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Is $ETH About to go below 3k?? 😳

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Guys, I’ve started accumulating more $BTC 😁🤝

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Market again red 😭

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Who is selling $BTC ?? 😭

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$ETH Market Update 🚨 Current Price: $3,512.66 (+0.26%) Key 24h Statistics: · 24h High: $3,588.19 · 24h Low: $3,405.24 · 24h Volume: 505,026 ETH ($1.76B) Technical Analysis Overview $ETH is showing signs of stabilization with a modest gain, successfully holding above the EMA7 and recovering from recent lows, though still facing significant resistance from higher timeframe moving averages. · EMA7: $3,462 → Price above (Support) · EMA25: $3,741 → Strong resistance above · EMA99: $4,180 → Major resistance above Critical Price Levels Resistance: · Immediate: $3,588 (24h High) · Strong: $3,741 (EMA25) · Major: $4,092 Support: · Immediate: $3,462 (EMA7) · Strong: $3,405 (24h Low) · Critical: $3,345 Market Outlook & Price Action ETH demonstrates early recovery signs with several positive technical observations: · Stabilization: +0.26% gain shows buying interest returning · Strong Volume: $1.76B indicates healthy accumulation · Support Defense: Successfully holding above EMA7 at $3,462 Trading Scenarios Bullish Continuation: Break above$3,588 could target $3,741 resistance Healthy Pullback: Dip to$3,462 (EMA7) for consolidation Range Consolidation: Trading between$3,462-$3,588 Summary ETH is in a promising technical position with notable developments: 1. Successful reclaim of EMA7 support at $3,462 2. Strong recovery from $3,405 lows 3. Building momentum for potential higher moves The current price action suggests ETH may be forming a base for further recovery. The ability to challenge the $3,588 resistance will be key for confirming short-term bullish momentum. $ETH is showing signs of recovery after recent declines. Watch the $3,462 support and $3,588 resistance closely - a break above could signal the start of a more sustained upward move.

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