$ETH Short Liquidation Alert!

Amount Liquidated: $54.3K

Liquidation Price: $3,607.00

Ethereum ($ETH ) just wiped out a significant short position, signaling strong bullish momentum. Bears are being squeezed as the price inches higher, hinting at renewed confidence among buyers.

What’s Next for $ETH ?

1. If ETH breaks and holds above $3,610, the next target could be $3,650–$3,700, with potential for further gains.

2. A minor pullback to $3,580–$3,590 might offer a buying opportunity for traders seeking dips.

3. High trading volume is crucial—sustained buying pressure could push ETH toward testing its previous highs.

Opinion:

ETH is showing bullish strength. Short-term traders may capitalize on breakouts, while long-term holders could consider holding positions for higher targets.

Strategy:

Watch closely for a clear breakout above $3,610 or use pullbacks to enter cautiously.

Keep stop-losses tight as volatility remains high!

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