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$ETH Long Liquidation: $6.6174K at $2205.79 — What's Next? 🚀
Ethereum (ETH) has been making some major moves lately! Just recently, there was a massive ETH long liquidation worth $6.6174K at the price of $2205.79. This could be a game-changer for traders, so let’s dive into what’s happening and how you can play it.
🚨 What does this mean?
The long liquidation at this level indicates that traders who were betting on ETH going up got stopped out as the price hit a certain level. This can sometimes lead to short-term price fluctuations, but it also opens up opportunities for fresh traders.
🔑 Ke
Ethereum (ETH) has been making some major moves lately! Just recently, there was a massive ETH long liquidation worth $6.6174K at the price of $2205.79. This could be a game-changer for traders, so let’s dive into what’s happening and how you can play it.
🚨 What does this mean?
The long liquidation at this level indicates that traders who were betting on ETH going up got stopped out as the price hit a certain level. This can sometimes lead to short-term price fluctuations, but it also opens up opportunities for fresh traders.
🔑 Ke
ETH1,98%
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#ETH #EthereumMarket
Ethereum is currently facing a support level at $3,328.43, which indicates a price point where buying interest may emerge, potentially preventing further declines. Conversely, the resistance level at $3,463.82 suggests a price point where selling pressure could increase, making it challenging for ETH to rise above this level.
Detailed Analysis
1. Support Level ($3,328.43):
This level is crucial for maintaining bullish momentum. If ETH price approaches this support and holds above it, it may indicate strong buying interest.
A break below this level could signal a bearis
Ethereum is currently facing a support level at $3,328.43, which indicates a price point where buying interest may emerge, potentially preventing further declines. Conversely, the resistance level at $3,463.82 suggests a price point where selling pressure could increase, making it challenging for ETH to rise above this level.
Detailed Analysis
1. Support Level ($3,328.43):
This level is crucial for maintaining bullish momentum. If ETH price approaches this support and holds above it, it may indicate strong buying interest.
A break below this level could signal a bearis
ETH1,98%
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#BTC Market Analysis
#EthereumMarket
Summary of Ethereum's performance until the end of May:
Ethereum is back in the spotlight in May; as whale investors and exchange-traded funds fuel a 46% rise.
Ethereum seems to have finished May as its first positive month in 2025, with a monthly return of approximately 46%, according to the data. This shift in Ethereum's upward momentum during the month follows the easing of tariff pressures after the United States reached trade agreements with several countries, including the United Kingdom and China temporarily.
Positive macroeconomic indicators have
#EthereumMarket
Summary of Ethereum's performance until the end of May:
Ethereum is back in the spotlight in May; as whale investors and exchange-traded funds fuel a 46% rise.
Ethereum seems to have finished May as its first positive month in 2025, with a monthly return of approximately 46%, according to the data. This shift in Ethereum's upward momentum during the month follows the easing of tariff pressures after the United States reached trade agreements with several countries, including the United Kingdom and China temporarily.
Positive macroeconomic indicators have
BTC0,88%
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