Massive Long Liquidation Detected on $ETHFI – Is a Reversal Brewing?
A major long liquidation of $1.5605K has just occurred at $1.354, flushing out leveraged longs and shaking weak hands from the game. When this kind of liquidation hits, it often signals a potential local bottom — but smart traders know to stay patient and precise.
This could be the setup before the breakout. Here’s a full technical breakdown for $ETHFI :
Current Market Behavior:
Heavy sell-off triggered liquidations at $1.354
Price sharply reacting near a demand zone, signaling potential accumulation
Volume spike confirms panic-driven exits — an ideal time to watch for a strategic entry
ETHFI Trading Setup (Long Opportunity)
Buy Zone:
$1.320 – $1.355
(Enter only after confirmation candle above $1.36 on 1H or 4H timeframe)
Targets:
Target 1: $1.425
Target 2: $1.510
Target 3: $1.610
Extended Target: $1.690
Stop-Loss:
$1.280 (Below the liquidation sweep zone and structural low)
Why This Setup Is Unique:
This isn’t just a bounce — it’s a classic liquidity grab followed by a potential bullish reversal
Smart money often accumulates after liquidations clear out retail positions
The price action aligns with supply exhaustion, giving bulls a chance to reclaim momentum
Stay sharp. The next move could define $ETHFI mid-term direction. Don’t chase — react with discipline and trade the plan.