🚨 $ETH
plunged from $4,700 to $4,500 in seconds, only to rebound swiftly to $4,600 with momentum returning.
This wasn’t a simple pullback—it was a sharp drop triggered by a massive wave of liquidations. In just one day, over $110 million in short positions were cleared out, sending ripples through the market.
The rapid recovery right after highlights how quickly sentiment can swing when key price levels are tested.
Ethereum is now steadying near $4,600—a pivotal zone where selling pressure meets fresh buying interest. With shorts squeezed and demand rebounding, this range could define the next big move.
The market just got a reminder that volatility doesn’t knock—it barges in. The big question: will $ETH hold here to build momentum, or give sellers another opening?