$ETH Long Liquidation Alert!
Ethereum traders just witnessed a major liquidation event:
Liquidation Amount: $50.1K
Price Level: $3,776.27
This sudden flush-out highlights the risk in over-leveraged positions as $ETH faced strong resistance at higher levels.
Bulls were forced to retreat as bearish pressure intensified, triggering liquidations and amplifying volatility.
Next Move
Short-Term Outlook:
Bears might test lower support zones around $3,700 if selling pressure continues.
Bullish Defense:
Bulls need to reclaim $3,800 to regain momentum.
Stay vigilant—opportunities arise in volatility!
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