$ETH Long Liquidation Alert! $354K Wiped Out at $3,298.03!
The bulls took a heavy hit as a massive $354K long position was liquidated with Ethereum ($ETH ) dropping to $3,298.03.
This sell-off highlights increased volatility and indecision in the market.
Long liquidations of this scale often create downward pressure, shaking confidence among over-leveraged traders.
What’s Next for $ETH ?
Bearish Outlook:
A continued break below $3,300 could open the floodgates toward key support levels at $3,200 and $3,150, especially if market sentiment turns risk-averse.
Bullish Recovery:
ETH must reclaim and hold above $3,350 to regain bullish momentum, potentially targeting resistance at $3,400-$3,450.
Keep an eye on BTC and macroeconomic signals—ETH's next move will likely depend on broader market trends!
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