#ETHCrossed2500 Ethereum (ETH) is trading at approximately $2,540.90 USD.
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📈 Hypothetical ETH Futures Trade Setup
Instrument: ETH/USDT Perpetual Futures (available on platforms like Binance, OKX, and Bybit)
Trade Direction: Long (anticipating price increase)
Entry Price: $2,540
Target Price: $2,900
Stop-Loss: $2,350
Leverage: 3x (moderate risk)
Risk/Reward Ratio: 1:1.8
Potential Loss: $190
Potential Gain: $360
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📊 Rationale Behind the Trade
Recent Market Movement: ETH has experienced a significant rally, with a 24.2% increase over the past 24 hours, bringing its price to $2,412.09.
Technical Indicators: The recent price surge suggests a bullish trend, potentially indicating further upward momentum.
Market Sentiment: The overall crypto market is showing bullish momentum, with major cryptocurrencies like Bitcoin and Ethereum experiencing significant price increases.
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⚠️ Important Considerations
Volatility: Cryptocurrency markets are highly volatile. Ensure you have a risk management strategy in place.
Leverage Risks: Using leverage amplifies both potential gains and losses. A 3x leverage means that a 1% market move results in a 3% change in your position's value.
Platform Selection: Choose a reputable trading platform. Binance
#ETHCrossed2500
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Jose Mindiola
11h
🔴 URGENT: ETH Whale Still Trapped in Massive $69M Short! 🐳💥
A high-stakes Ethereum whale just made a $69M mistake that could explode soon! 😳
Quick facts:
🔻 Position: SHORT $69,001,707
🔻 Size: -27,610 ETH
🔻 Leverage: x25
🔻 Initial Profit: +$47M (now gone)
🔻 Current Loss: -$7.1M (-258%)
🔻 Entry Price: $2,241
🔻 Current Price: $2,499
🔻 Liquidation Price: $3,113 (moved higher)
What does this mean? 🚨
