$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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