🌪️Super Shocking! ETH Bloodbath at 67 Million! Is a Selling Storm Coming? 💥🚨

Ethereum (ETH) suddenly fell into turbulence! After plummeting to $1,740, it slightly rebounded, but the technicals hide dangers, with clouds of correction looming!

⚡ Market Panic:

Liquidation Frenzy: On April 30, ETH crashed to $1,736 within two hours, with liquidation amounts soaring to $67 million (bulls $48 million, bears $19 million), surpassing Bitcoin's $64 million!

History Repeats: In the past two months, ETH repeatedly failed to break $2,000, and on April 9, it even fell below the $1,400 mark!

📊 Technical Alerts:

Head and Shoulders Pattern: The 1-hour chart shows bearish signals, with ETH potentially retracing to $1,770. If it falls below $1,760, it could approach $1,700!

Hope for Reversal: Breaking through the resistance at $1,830 could invalidate the head and shoulders pattern, igniting a bullish frenzy!

RSI Neutral: Currently at 54, market volatility is low, hiding risks of a trend reversal.

🧠 My Insights:

The liquidation wave ignites panic among bulls, and the head and shoulders pattern indicates correction pressure! Whale movements and macro sentiment will determine ETH's fate. $1,770 is the key support; a break below could trigger a sell-off!

💬 What do you think?

Buy the dip at $1,770?

Or wait for a break above $1,830?

The ETH storm is approaching, are you ready?