Crypto Market Suffers $613M in Liquidations as Ethereum Price Falls
TL;DR Over 160,000 traders were liquidated in 24 hours, with losses totaling $613 million. Ethereum’s drop below the 20-day average and SoftBank’s Nvidia stock sale triggered
TL;DR Over 160,000 traders were liquidated in 24 hours, with losses totaling $613 million. Ethereum’s drop below the 20-day average and SoftBank’s Nvidia stock sale triggered
Ethereum remains inside a narrow range as a BB squeeze forms. Immediate reaction levels stand at $1,750 and $1,600
Ethereum prices are lower but bullish despite the failure of buyers to press the coin above the psychological $2,000 resistance level
Ethereum prices remain in a tight range, tepid, and below the psychological resistance levels at $1,900 and $2,000
Ethereum buyers remain in control despite the recent contraction. ETH is up roughly 20% from June lows, finding resistance at $2,000.
Ethereum is bullish, adding 14% from June 2023 lows but have failed to close above $2,000 despite validators staking billions of ETH.
Ethereum price is up 12% from June 2023 lows and looks likely to edge even higher today. ETH bulls have their targets on $1,920 and $2,100.
Ethereum prices are lower when writing and ETH is trending near the psychological $1,700 level. Vitalik Buterin has forwarded three proposals.

Ethereum (ETH) prices soared on June 6, reversing losses and posting higher highs, as the daily chart shows.
Ethereum prices are lower when writing but remains in a bullish formation. This follows news that more ICO-era ETH are moving.
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