$ETHFI Long Liquidated!
A $1.48K long position on $ETHFI was liquidated at $1.97064, indicating a bearish shift in the market. The bulls lost momentum, and the increasing selling pressure triggered this liquidation event.
Key Insights:
Bearish Pressure: The liquidation shows that sellers have taken control, raising concerns for further downside if buying pressure doesn't return.
Support Levels to Watch: ethfi may test lower support zones if the market continues its bearish trend.
ETHFI Technical Breakdown:
Resistance Level: $2.00
Support Zone: $1.90
Momentum: Bearish, with a risk of further declines
Will $ETHFI stabilize near support, or are more sell-offs in store? Keep an eye on the market for signs of recovery or further downside!