#ETHOnTheRise

$ETH

$132K ETH Short Liquidated at $3757.74 – Bulls Charge Forward!

Subheading:

A massive liquidation shakes the market as Ethereum climbs higher. Here’s what happened and what it means for traders.

Key Points:

1. Market Movement:

Ethereum hit $3757.74, triggering the liquidation of a $132K short position.

Sharp upward momentum caught bears off guard, fueling volatility.

2. Market Sentiment:

Bullish sentiment dominates as $ETH pushes towards multi-month highs.

Key support levels for the rally: Analyze current buying strength and volume spikes.

3. Technical Perspective:

Resistance breached: Breaking above $3700 ignited momentum.

Next targets: $3800 and psychological $4000 mark.