ETH Liquidation Wave: Where Should Ethereum Go Under Conflict


Macro Bearish: Middle East Situation Takes Sharp Turn
​War Escalation: Iran Missile Strike on Israel, Trump Issues 48-Hour Ultimatum.
​Risk-Off Sentiment: This level of geopolitical risk causes risk assets to face bloodbath, ETH cannot escape unscathed.
​Liquidation Data: In the past 1 hour, network-wide long liquidations reached $233 million, with ETH accounting for $80.75 million alone.
​Analysis: This is a "targeted explosion" of high-leverage longs, the market is in an extremely panicked stage of irrational sell-off.
Trump changes face faster than anyone, just a couple days ago was considering gradually de-escalating military action against Iran, now they're fighting again, even more intensely, the American president's credibility points have been completely ruined by this one person over the years. Disgusting.
$BTC $ETH ‌#Crypto Market Volatility
ETH2,89%
BTC1,25%
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