Ether Accounts For Almost Half of $520M Liquidations In 24Hrs.
Ether futures saw liquidations nearly double that of bitcoin.
Ether futures lost $236 million while bitcoin futures traders lost $125 million.
Bitcoin and ether lost pivotal support levels in the past 24 hours amid intensified fear sentiment for the crypto market, costing over $520 million in liquidations.
Analysis:
Support at current levels $1,710.97 & resistance at $1,900, which acted as pivotal support earlier this month - Similar to July 2021.
Losing this level could see ether dumps to $1,300-$1,500 range or far lower.
Who do you think will win @ this critical support zone - The bulls or the bears?
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
If you have any questions, kindly write in comments below - I will answer them.
Kindly support this idea with your like and comment, thank you.
Ether futures lost $236 million while bitcoin futures traders lost $125 million.
Bitcoin and ether lost pivotal support levels in the past 24 hours amid intensified fear sentiment for the crypto market, costing over $520 million in liquidations.
Analysis:
Support at current levels $1,710.97 & resistance at $1,900, which acted as pivotal support earlier this month - Similar to July 2021.
Losing this level could see ether dumps to $1,300-$1,500 range or far lower.
Who do you think will win @ this critical support zone - The bulls or the bears?
Do not forget the historical wise saying, "Never invest more than you can afford to lose."
Not a financial advise, I suggest using this only as a guide - Do your own research.
If you have any questions, kindly write in comments below - I will answer them.
Kindly support this idea with your like and comment, thank you.
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