Liquidations just wiped out the overleveraged traders and that usually means one thing: reset mode activated.

If $ETH holds steady and leverage cools down, a sharp relief bounce could be loading. Weak hands are out, volatility got its cleanse.

But if leverage builds up too fast again?

Expect one more fake breakout before the real trend locks in.

High-beta plays like Immutable X could move even wilder bigger pumps, faster dips.

#Web3Newswire #Ethereum #Liquidations