$ETH Bulls Crush Bears: Massive Short Liquidation!

$ETH Liquidated Short:

$215,000 Erased in a Flash!

Liquidation Price: $3,609.22

Ethereum's bulls made their move, obliterating a massive $215K short position at $3,609.22.

The relentless upward momentum left the bears trapped, forcing a cascade of liquidations as ETH surged with power.

Market Insights:

Bullish Momentum: ETH's strength above $3,600 suggests a potential rally toward key resistance at $3,700 and beyond.

Volume Spike: The liquidation triggered a significant uptick in trading activity, signaling growing market interest and volatility.

Bears on the Ropes: Short sellers are now under pressure as ETH asserts dominance.

What’s Next for ETH?

Upside Target: $3,750-$3,800 if momentum continues.

Downside Risk: Watch for pullbacks toward $3,550 as bulls consolidate their gains.

Trader Takeaway:

For Bulls: Ride the momentum with proper stop-loss placement and watch for breakouts above $3,700.

For Bears: Exercise caution—any failed rejection at resistance could fuel further liquidations.

Ethereum’s explosive move is a reminder that timing is everything in the crypto market!

Will $ETH push to $3,800 or retrace to reload? Share your strategy below!

#BinanceBNSOLPYTH #BitwiseFiles10ETFs #BSCOnTheRise #BitwiseFiles10ETFa #EthereumAwakening?