ETH: $9.85M Long Liquidated Below $2600

ETH just dropped below $2600. Trader 0xcbab got fully liquidated on his 3728 $ETH ($9.85M) long in just three minutes. Current price sits at $2613.52 inside a bearish trend with EMA50 at $2692.8 capping upside and EMA200 at $2600.77 providing the immediate floor, while MACD registers a death cross at -5.76 and RSI(14) prints 30.34 in neutral territory; price is testing the lower Bollinger band near $2654.67, setting up potential exhaustion that could trigger further downside before any relief rally. This event sharpens focus on ETH price prediction models, raises questions around crypto market crash risks, and underscores AI industry impact on leveraged positioning across digital assets.