Massive $ETH TH Long Wiped Out!
A staggering $92.8K in Ethereum long positions just got liquidated at $2,838.30! This shakeout signals intense volatility, with leveraged traders facing the heat.
Market Insight:
ETH dipped sharply, triggering liquidations.
Bears seem to be gaining temporary control.
Key support around $2,800—a breakdown could lead to more downside.
📉 What’s Next?
If bulls defend the $2,800 zone, we could see a bounce. However, failure to hold could open doors for a deeper correction. Stay cautious with leverage!
📊 Strategy:
👉 Wait for confirmation before entering new positions.
👉 Tighten stops if you're long.
👉 Watch for a potential retest of $2,900 if momentum flips.
Trade wisely, and don’t get caught in the storm! 🌪️ #Ethereum #CryptoSignals #Liquidation