Ethereum trades near $2,026 as $2,000 support holds amid $67.11 million in 24-hour liquidations
Ethereum (ETH) is trading around $2,026, down 1.6% in the past 24 hours after swinging between $2,060–$2,080 and briefly falling below $2,000 before rebounding from lows near $1,981, The Crypto Basic reports. On the technical front, ETH remains in a broader downtrend but has moved above the Alligator's teeth and lips, with the jaw still overhead near $2,100 and the Stochastic oscillator showing %K around 65 and %D near 68, pointing to improving short-term momentum but no confirmed bullish reversal yet. Derivatives data show total liquidations over the past 24 hours at $67.11 million, where long positions accounted for $39.73 million versus $27.38 million in shorts, with hourly liquidations at $1.28 million (including $994.72K in longs), $4.92 million over 4 hours, and $16.06 million over 12 hours.