Trend Research cuts ETH exposure by over 400K as liquidation risk rises

💡 DMK Insight

Trend Research’s move to cut Ether exposure is a red flag for traders: With ETH currently at $2,028.46 and approaching critical liquidation levels below $1,700, this shift signals potential bearish sentiment. If ETH breaks below that threshold, we could see a cascade of liquidations that might push prices down further, creating a volatile environment for day traders and swing traders alike. This isn’t just about Trend Research; it reflects broader market concerns about liquidity and investor confidence. Keep an eye on the $1,700 level—if it gives way, it could trigger a wave of selling across the board, impacting not just ETH but also related assets like BTC, which often moves in tandem with Ethereum. On the flip side, if ETH manages to hold above $1,700, it could present a buying opportunity for those looking to capitalize on a potential rebound. Watch for trading volume and sentiment indicators to gauge whether the market is ready to support a recovery or if the bears are in control. In the coming days, monitor the $1,700 level closely; it’s a key pivot point that could dictate the next move in the market.