#MarketInTheGreen LIQUIDATION ALERT: ETH SHORTS AT RISK!
If Ethereum ($ETH) reaches $4,000, a staggering $835 million in short positions could be liquidated, potentially triggering a massive buying spree and propelling prices even higher.
What's Driving This?
High-leverage traders betting against $ETH are in a precarious position. As bullish momentum builds, the $4,000 level may act as the tipping point, sparking liquidations and accelerating the rally.
Key Levels to Watch:
For Bulls: A breakout above $3,950 could initiate the short squeeze. Near-term targets are $4,200 and $4,500.
For Bears: If ETH fails to hold above $3,900, it may retrace to $3,700.
Critical Signal:
Monitor volume and momentum closely as ETH approaches $4,000—the market could shift rapidly. Be prepared for swift moves in either direction!