Massive Liquidation Alert for $ETH

$51.7K Short Liquidated at $3,602.72

Ethereum's price surge caught bears off-guard, triggering a significant short liquidation worth $51,700.

This marks a key moment for ETH traders as market momentum shifts in favor of the bulls.

Here’s what you need to know:

1️⃣ Price Action: $ETH broke past the $3,600 resistance, sparking increased buy-side liquidity.

2️⃣ Liquidation Impact: This liquidation event could signal a squeeze, pushing prices higher as short sellers close positions.

3️⃣ Market Sentiment: With ETH approaching key psychological levels, expect volatility to intensify.

Pro Tip: Keep a close watch on resistance at $3,620 and support at $3,550.

A breakout could fuel bullish momentum, while rejection might signal consolidation or a pullback.

Traders’ Focus: Monitor funding rates and open interest changes to gauge further market moves.

Is this the start of $ETH ’s next rally,

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