Ethereum Price Signals Possible Reversal After Major Liquidation Flush

Ethereum stabilized near $2,500 after heavy liquidations forced leveraged traders to close positions. Ether long liquidations exceeded Bitcoin's as the broader crypto market faced over $1 billion in losses. Analyst Daan Crypto Trades sees reduced open interest as a possible sign of short-term recovery, while Ethereum ETF outflows continue to weigh on sentiment.