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🔴 $ETH Longs Wiped – Market Just Spoke Loudly
Ethereum just flushed $46.7K in long liquidations at $3,115, a clear sign that late bulls got caught offside. This wasn’t random — price tapped a local supply zone and aggressive sellers stepped in. Right now, ETH is in a shakeout phase, not a trend reversal, but volatility is heating up.
Key Levels to Watch 👇
Support: $3,080 – $3,030 (strong demand zone)
Major Support: $2,980
Resistance: $3,150 – $3,180
Major Resistance: $3,250
Targets 🎯
• If support holds: $3,150 → $3,220
• If support breaks: $3,030 → $2,980
Stoploss ⛔
• Longs: Below $2,970
• Shorts: Above $3,260
Market Insight 🧠
This liquidation looks like liquidity hunting, not panic. Smart money usually buys fear near support and sells euphoria near resistance. Wait for confirmation — ETH is setting a trap, not giving free entries.
Trade patient. Trade levels. Let the market come to you. 🔥
#FedRateCutComing