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Harry Edward
Bullish

$ETH — Long Liquidation Analysis


Ethereum recorded approximately $6.65K in long liquidations around $2,336.98, reflecting pressure on leveraged bullish positions.


ETH's next move will depend on buying demand, market momentum, and broader crypto sentiment. If buyers reclaim the liquidation level and maintain upward momentum, a recovery attempt could develop. Continued weakness below this area may increase selling pressure.


Trade setup: Monitor $2,336.98 as a reference level. Look for a confirmed reclaim, stronger volume, and support from the broader market before considering a trade.


Avoid overleveraging and use a clear risk-management plan.



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coin
ETH/USDT
2,290.72
+1.67%

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