$ETH
$ETH Liquidated Short:
$220K at $3929.81
What's Next?
With such a significant short liquidation, bullish momentum could intensify as leveraged sellers are forced out, fueling buying pressure.
Eyes on $4000 psychological resistance—a breakout here could trigger a parabolic move.
Watch for whales or institutions capitalizing on the liquidity to drive volatility.
Potential Strategies:
1. For Bulls:
Ride the momentum! Look for consolidation above $3930 before targeting $4000+.
2. For Bears:
Wait for overbought signals or a rejection at $4000 for a potential short setup.
Stay sharp volatility is imminent!
