According to Cas Abbé, ETH just experienced its biggest long liquidation in over three years, which signals a potentially bullish shift for Ethereum. The source notes that this liquidation event has cleared out high leverage positions and triggered capitulation among panic sellers. As a result, stronger buyers, possibly institutional investors, are expected to enter the market, setting the stage for a more stable price base and renewed upward momentum in ETH trading. This reset in leverage dynamics may provide traders with a less volatile environment for strategic entries, as cited by Cas Abbé.