$ETH
Massive Liquidation Alert! $710K ETH Shorts Crushed at $3,580.84
Ethereum's Ascent: ETH/USDT surged to $3,576.29, annihilating over-leveraged short positions worth $710K as the bulls seized control of the market.
Market Highlights:
24-Hour High: $3,578.85 – ETH is testing critical resistance levels with unwavering momentum.
MACD Explosion: A powerful bullish divergence with MACD hitting 1.77, signaling the rally’s strength.
Volume Spike: Over 711K ETH traded in the last 24 hours, showcasing intense market activity.
Why It’s Thrilling:
The liquidation triggered a domino effect, pushing ETH into a frenzy as short-sellers scrambled to cover their positions.
ETH’s 7-day gain of 13.81% and a 30-day increase of 43.76% highlight sustained bullish dominance.
Key Levels to Watch:
Resistance: A breakout above $3,580.84 could pave the way to $3,600+.
Support: Strong buying interest near $3,553, offering a safety net for bulls.
Actionable Insights:
Bulls: Momentum is on your side, but watch for resistance at the highs.
Bears: Stay cautious – ETH’s surge shows no signs of slowing, and further liquidations could spark another leg up.
Ethereum’s bullish charge is electrifying the markets – will it shatter new records or pause for breath? Stay tuned for this thrilling ride!