$ETH Breakout Alert
Major Short Liquidation!
A whopping $281K short position was liquidated as #ETH surged to $3,595.32, signaling a strong bullish drive in the market.
This liquidation sweep indicates that sellers were caught off guard, giving bulls the upper hand.
• Market Pulse
Such large liquidations often lead to sustained upward momentum, but resistance near key levels could slow the rally.
Watch for follow-through buying pressure to confirm the trend.
• Key Levels to Watch
° Upside Potential:
If $ETH holds above $3,600, the next targets could be $3,650-$3,720.
° Downside Risk:
A pullback below $3,570 might trigger a correction toward $3,520-$3,480.
• Trade Strategy:
Monitor trading volumes at resistance. Enter long positions only if ETH breaks and holds above $3,600 with conviction.
Be cautious of false breakouts in this volatile range.
The momentum is electric—stay one step ahead!
#GDPSteadyPCE2.1Down #MarketInTheGreen #BitwiseFiles10ETFs #BinanceBNSOLPYTH