$ETHFI The long liquidation of $7.6173K at $2.02506 indicates that traders betting on a price increase (long positions) were liquidated due to the market falling below that price level. This may suggest a temporary bearish sentiment or a shakeout before potential recovery.

Next Steps:

Buy Zone (Accumulation Area):

$1.950 - $2.010

This range is where buying pressure might start building, as it’s closer to recent liquidation points. You can consider entering here for lower-risk trades.

Targets (Profit Levels):

1. Target 1: $2.080

2. Target 2: $2.140

3. Target 3: $2.200

These levels represent potential resistance points where the price could face selling pressure.

Stop-Loss:

$1.900

Place your stop-loss below the buy zone to minimize losses if the price breaks further down.

Strategy Tips:

1. Volume Analysis: Monitor trading volume. If the price rises with strong volume, it confirms bullish momentum.

2. Trendline Watch: Observe if the price forms a higher low pattern. This signals a trend reversal.

3. Risk Management: Always risk only 1-2% of your capital on a single trade to avoid large losses.

Conclusion:

Right now, $ETHFI is in a critical zone after the liquidation. If it stabilizes and forms strong support near the buy zone, we may see a recovery towards the mentioned targets. Monitor closely for confirmation before entering trades.

Would you like further help or charts for better understanding.

#ETHFFI #ChristmasMarketAnalysis #BTCNextMove #USUALAnalysis #CorePCESignalsShift