๐ฑ$ETH ETH HITTING A WALL: $77.6M SELL PRESSURE STACKED ABOVE PRICE
Ethereum is running straight into serious resistance.
Binance futures order books are showing a massive sell wall โ ~$77.6 million in asks clustered around $2,982. Thatโs not passive noise. Thatโs intentional supply, placed to cap upside and absorb aggressive buyers.
This kind of setup usually signals one of two things:
โข Rejection โ price rolls over as buyers exhaust
โข Squeeze โ wall gets eaten, triggering forced cover and momentum expansion
Right now, ETH is stuck in the decision zone.
What makes it more interesting? This sell wall appears after a strong move, not during consolidation. That often means traders are fading strength, not chasing continuation โ a classic short-term bearish tell unless buyers step up decisively.
If bids hesitate, ETH likely pulls back to hunt liquidity below.
If buyers punch through $2,982 with volume, this wall becomes fuel.
Either way, volatility is loading.
Does ETH get rejectedโฆ or does this wall become the spark for a breakout?
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