$ETH just recorded a $3.2037K long liquidation at $1,884.5, signaling that leveraged bulls were forced out as price dipped below a key intraday level. This type of liquidation often adds short-term selling pressure, especially if momentum traders start exiting positions.

The $1,880–$1,885 zone now becomes a critical area to watch. If ETH quickly reclaims and holds above this level with strong volume, a relief bounce toward nearby resistance is possible. However, continued rejection below this price could open the door for further downside.

📊 Trading Focus:

• Monitor support around $1,860–$1,870

• Watch for volume confirmation

• Avoid over-leveraging in choppy conditions

Volatility is rising manage risk wisely and wait for confirmation before entering.

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ETH

1,965.45

+0.22%