#ETHBreaks2k
Massive $ETH Long Liquidation at $2,018 – What’s Next?
Ethereum saw a huge $403.6K long liquidation at $2,018.17 on Binance, sparking market concerns.
What Caused It?
1️⃣ Weak support at $2,018 triggered stop-losses.
2️⃣ Overleveraged traders faced forced liquidations.
3️⃣ Possible whale manipulation to buy lower.
4️⃣ Bitcoin’s weakness dragged ETH down.
5️⃣ High funding rates led to market resets.
What’s Next for ETH?
📉 Bearish: ETH could drop to $1,980-$1,950 if selling pressure continues.
📈 Bullish: Reclaiming $2,020-$2,050 could lead to a strong recovery toward $2,100-$2,150.
Current price: $1,988.45 (-1.62%)
