#ETHLongShortBattle

Key Support Level: A Drop Below $1,600 Could Trigger Long Liquidations – My Planned Take-Profit and Stop-Loss Levels for ETH This Year
The critical support level for ETH stands at $1,600. A sustained break below this point would likely trigger cascading liquidations of leveraged long positions, accelerating any downward move. At present, the price is trading between 1,850 and 1,950 USD and is showing signs of upward momentum.
For the Year of the Horse, I have defined my levels as follows:
Stop-loss: 1,750–1,780 USD range – I plan to exit if this zone is breached, to limit exposure to deeper declines.
First take-profit: 2,100–2,150 USD – the region of heavy short interest; a breakout here would allow partial realization of gains.
Longer-term target: 2,500 USD and above – achievable if bulls clear $2,000 decisively.
What are your planned levels? At what points do you intend to take profit or set your stop-loss on ETH? Sharing the direction and size of your position (if comfortable) would help enrich the conversation.