$ETH
Short Position Liquidated: $28.094K at $3485.6
A significant $28.09K short position on Ethereum (ETH) was wiped out as the price climbed to $3485.6, signaling intensified buying activity.
Key Insights:
Bullish Surge: ETH continues to gain momentum, breaking through short sellers' resistance.
Market Sentiment: The upward movement reflects robust demand and strong investor confidence.
What to Monitor:
Critical Levels: A sustained push above $3485 could lead to testing the $3500 mark.
Market Trends: Watch for increased volatility as traders adjust to the bullish sentiment.