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Darnell Dunkerson xz3p
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ETHOnTheRise
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907 Posts
$ETH Ethereum Liquidation Shock! Ethereum (ETH) just saw a $64.6K long position liquidated at the critical price of $3,683.02! $ETH Traders aiming for higher levels were caught off guard as ETH faced sudden resistance. Is this the start of a broader market shift, or just a short-term shakeout? What Went Down? The liquidation suggests over-leveraged positions were betting on ETH breaking above $3,700. A sudden rejection at this level might have triggered stop-losses and cascading liquidations, amplifying the volatility. Market Analysis: Key Resistance: $3,700 remains a psychological barrier. Failure to break above it could invite more bears to the game. Support Watch: Traders now look at $3,600 as the next critical zone. A break below could lead to further downside. Rebound Possibility: ETH bulls might use this dip as a buying opportunity if momentum recovers quickly. Actionable Insight: With ETH showing such high-stakes volatility, the next moves will be pivotal. Will the bulls stage a comeback, or will this liquidation fuel a deeper correction? Fasten your seatbelts, traders—$ETH is on the edge of major action! more dump #ETHOnTheRise #NFTIsBack #NFTIsBack #ThanksgivingBTCMoves #AIAndGameFiBoom
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