$ETH saw around $123K in long liquidations at $2,463.77, signaling renewed downside pressure as leveraged bullish positions were forced to close.
Key Levels
Current Trigger: $2,463.77
Support: $2,450
Major Support: $2,400
Resistance: $2,500
Next Target: $2,550
⚠️ $2,450 is the key near-term level. Holding above it could stabilize the pullback, but a sustained break below $2,400 may trigger additional long liquidations. Reclaiming $2,500 would restore stronger bullish momentum.
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