$ETH just flushed a wave of long liquidations around $2941.63, meaning late over-leveraged buyers got trapped at the top of the move.
This kind of wipeout usually resets funding and clears weak hands, setting up a cleaner base for the next leg. Instead of free-falling, price is now stabilizing, which hints that stronger buyers are stepping in.
If ETH holds the post-liquidation support zone, this shifts from a breakdown risk to a recovery continuation setup.
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$ETH /USDT
$ETH just flushed a wave of long liquidations around $2941.63, meaning late over-leveraged buyers got trapped at the top of the move.
This kind of wipeout usually resets funding and clears weak hands, setting up a cleaner base for the next leg. Instead of free-falling, price is now stabilizing, which hints that stronger buyers are stepping in.
If ETH holds the post-liquidation support zone, this shifts from a breakdown risk to a recovery continuation setup.
Trade Setup (ETHUSDT Perp)
EP: $2910 – $2950
TP: $3030 → $3180 → $3360
SL: $2840
$ETH #TradingSignals #2025GateYearEndSummary #CryptoMarketMildlyRebounds