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🟢 $ETH Shorts Caught – Liquidity Flip in Motion
Ethereum just printed $6.34K in short liquidations at $3,123, showing sellers stepped in too early and got squeezed. After the earlier long flush, this is a classic liquidity rotation, where the market punishes both sides before choosing direction.
Key Levels to Watch 👇
Support: $3,090 – $3,040
Major Support: $2,980
Resistance: $3,150 – $3,200
Major Resistance: $3,280
Targets 🎯
• Continuation above resistance: $3,180 → $3,240
• Rejection & pullback: $3,090 → $3,040
Stoploss ⛔
• Longs: Below $2,960
• Shorts: Above $3,300
Market Insight 🧠
When both longs and shorts get liquidated in the same range, it usually means smart money is building positions. ETH needs a clean break and hold above $3,180 to confirm upside continuation. Until then, expect whipsaws.
Stay patient. Let confirmation do the talking. 🔥