$ETH ETH Bulls Wrecked! Massive $1.05M Long Liquidation!
A huge $1.05M long position just got flushed at $1,993.73, signaling intense sell pressure and shaking leveraged traders out of the game. With ETH struggling below $2,000, momentum is shifting fast!
📉 Market Outlook:
A failure to reclaim $2,000 could expose ETH to further downside toward $1,970–$1,950.
If bulls defend this zone, a sharp rebound toward $2,020+ is possible.
📊 Key Levels to Watch:
🔹 Bullish Scenario: ETH needs to reclaim $2,000–$2,020 for any meaningful upside.
🔹 Bearish Scenario: Breaking below $1,990 could open doors for a deeper drop.
🔥 Heavy liquidations often lead to volatility—expect big moves ahead! Stay sharp!