$ETH ETH Long Liquidation Spotted

Value: $3.3554K at $1,692.10

I'm seeing pressure mount on Ethereum #TrumpVsPowell #MarketRebound CryptoMarketCapBackTo$3T#BNBChainMeme #TRXETF #BinanceHODLerHYPER ETHas long positions got flushed at $1,692.10.

This dip could either mark a temporary shakeout — or signal a breakdown if bulls don’t step in fast.

Tip 1: Key Zones Matter

Crucial support now lies at $1,670. A clean hold there keeps the structure intact.

If it snaps, eyes shift to $1,620 next. Meanwhile, resistance has formed around $1,735, which needs to flip for bullish continuation.

Tip 2: Trade Setup

Buy Range (on bounce): $1,675 - $1,690

Sell Target 1: $1,725

Sell Target 2: $1,760

Stop-Loss: $1,658

The setup favors patient positioning — don’t front-run the bounce.

Tip 3: Look for Recovery Clues

I'm watching for wicks and strong closes above $1,690 — signs that buyers are absorbing fear.

Without those, further downside could be on deck.

Next Move:

I'm neutral here, waiting for confirmation. ETH needs to stabilize and reclaim $1,700 to shift sentiment.

Until then, it’s all about defense and precision.