$ETH Liquidation Alert: $99.9K Short Liquidated at $3,684.82!
What Happened?
Ethereum's price surge to $3,684.82 triggered a $99,900 short liquidation, sending shockwaves through the market.
This liquidation event highlights how bullish momentum is catching traders off-guard, especially those betting against ETH's climb.
Market Snapshot:
Current $ETH Price: Holding strong near $3,685, Ethereum continues to build bullish momentum.
24H Liquidations: Significant liquidations across the market, signaling high volatility in the crypto space.
🔹 Key Takeaways:
1. Strong Resistance Broken:
ETH has surged past critical resistance levels, reinforcing a bullish trend.
2. Market Sentiment: Growing confidence in Ethereum’s scaling solutions and ecosystem drives demand.
3. Volatility Ahead: With liquidation volumes rising, ETH traders should brace for sharp price movements.
What’s Next?
If ETH holds above $3,680, expect further upside toward $3,750 or higher.
However, a rejection could bring the price back to support levels near $3,620.
Stay vigilant as liquidations could fuel both breakout rallies and sudden corrections.
Your Move: Bulls are celebrating, but will the bears stage a comeback?
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