Major Liquidation Alert!
$ETH : A significant $79.2K short position got liquidated at $3,677.09, signaling strong bullish momentum!
Market Insights
Buyers are clearly in control, squeezing out short sellers and pushing prices higher.
If the rally sustains, $3,700 could act as a breakout level, paving the way for further upside.
However, a failure to hold these gains might lead to a retest of support zones around $3,650.
Next Move:
Watch for volume confirmation before entering.
• For bulls: Look for opportunities on dips.
• For bears: Stay cautious; trend reversals seem unlikely at this point.
Stay disciplined and trade with precision!
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