ETH Long Liquidation Tsunami! đđ„
Ethereum just unleashed a brutal wave â over $1.46 MILLION in long positions got liquidated at $4,041.07, as the market faced a sudden liquidity sweep that rattled overconfident bulls. This flush came right after ETH failed to hold above $4,080, triggering a cascade of forced exits.
đ Market Pulse:
ETHâs rejection near the $4,080â$4,100 resistance range shows clear short-term exhaustion. The price dipped into the $4,000â$4,020 demand zone where buyers are now attempting to regroup. If this support cracks, momentum could drag price toward $3,950â$3,970 before a possible rebound.
đ Pro Traderâs Outlook:
Market Bias: Short-Term Bearish, Mid-Term Bullish
Key Support Zone: $3,995 â $4,020
Immediate Resistance: $4,085 â $4,110
Potential Rebound Target: $4,140 â $4,180
Stop-Loss: Below $3,970
Risk Level: Controlled
đ„ Analystâs Opinion:
This liquidation feels more like a shakeout before continuation than a true reversal. Smart money often flushes weak longs to reset funding rates and regain control. If ETH holds above $4K with volume confirmation, expect a sharp recovery wave in the next sessions.
âĄStay alert â volatility is the name of the game, and ETH is setting up for its next big swing.
