$ETH #ETH Long Liquidation: $377K Wiped Out at $1,886.49!**
A **major long squeeze** just rattled Ethereum, with **$377K in leveraged positions liquidated** at **$1,886.49**! This move signals **aggressive sell pressure**, forcing traders out as ETH struggles to hold key support.
📉 **What’s Next for Ethereum?**
🔻 **More Downside?** If bearish momentum persists, ETH could test **$1,880-$1,885**, where buyers may attempt a defense.
🟢 **Relief Bounce?** If bulls step in at these levels, ETH could recover toward **$1,895-$1,900**, aiming to reclaim lost ground.
🎯 **Crucial Price Zones:**
- **Lose $1,885?** Expect further sell-offs.
- **Break above $1,890?** Could trigger a short-term rebound.
The market remains unpredictable—**stay alert and manage risk effectively!**