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TheKingfisher|Feb 13, 2025 11:19
🚨 ETH Liquidation Map Analysis 🚨
1️⃣ Main Liquidation Zones:
*⬇️ Longs: Big cluster around 2000-2400. Ouch!
*⬆️ Shorts: Noticeable stacks building up starting from 2800 up to 3200
2️⃣ Key Liquidation Levels:
2000: Major Long liquidation zone🤯
3000-3200: Accumulation of short liquidations 🤔
3️⃣ Imbalance:
*More significant Long liquidations below current price vs. shorts above. Bearish signal?🐻
4️⃣ Potential Price Moves:
Price could drop to grab liquidity at 2000-2400 before any potential bounce.
If price goes up, it could trigger a cascade of short liquidations towards 3000-3200🚀
5️⃣ Trader Takeaways:
Avoid placing stops near 2000, potential for stop hunts! 🚫
Watch price action around 3000-3200 for breakout/reversal signals.👀
Consider front-running potential moves near major liquidation zones. 🎯
#ETH #Crypto #Trading #Liquidation #Kingfisher
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