$ETH Long Liquidation Alert
Amount: $19,885
Price: $3,692.75
The market just hit a critical point, taking out a significant long position at $3,692.75. This liquidation suggests sellers are holding the upper hand for now, pushing ETH lower.
Key Insights:
Liquidity is being cleared from long positions, signaling weakness in bullish momentum.
If $ETH fails to reclaim $3,700 soon, we could see more downside pressure.
Next Move Suggestion:
Watch the $3,650 level closely. If it holds, it could spark a rebound. However, if broken, the next support zone lies near $3,600.
Be cautious with leveraged trades until the direction becomes clearer.
Stay sharp and adapt to the volatility!
#Fed25bpRateCut #MarketCorrectionBuyOrHODL? #MarketPullback #BinanceAlphaAlert #PENGUOpening
