A dramatic $ETH long liquidation hit the markets, with $5.2098K wiped out at the $3,289.03 level.
The rapid shift in market dynamics sent shockwaves through traders, turning what seemed like a promising rally into a brutal reversal.
Entry Point: $3,289.03
Target: $3,500+ (bullish breakout anticipation)
Stop Loss: $3,150 (key support level)
As $ETH surged higher, optimism soared, but the sudden liquidation forced traders to reassess.
Will $ETH bounce back or continue its downward spiral?
The market's next move will define the fate of the bulls in this volatile environment.