#ETHOnTheRise $ETH Ethereum Liquidation is heart attack !

Ethereum (ETH) just saw a $64.6K long position liquidated at the critical price of $3,683.02!

$ETH Traders aiming for higher levels were caught off guard as ETH faced sudden resistance.

Is this the start of a broader market shift, or just a short-term shakeout?

What Went Down?

The liquidation suggests over-leveraged positions were betting on ETH breaking above $3,700.

A sudden rejection at this level might have triggered stop-losses and cascading liquidations, amplifying the volatility.

Market Analysis:

Key Resistance: $3,700 remains a psychological barrier.

Failure to break above it could invite more bears to the game.

Support Watch: Traders now look at $3,600 as the next critical zone.

A break below could lead to further downside.

Rebound Possibility: ETH bulls might use this dip as a buying opportunity if momentum recovers quickly.

Actionable Insight: With ETH showing such high-stakes volatility, the next moves will be pivotal.

Will the bulls stage a comeback, or will this liquidation fuel a deeper correction?

Fasten your seatbelts, traders—$ETH is on the edge of major action!

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