Liquidation Alert! $ETH Short Position Liquidated
A massive $72.1K short position on #ETH was liquidated at $3,567.00, signaling strong upward momentum as bulls take charge.
This move suggests growing confidence in Ethereum’s price action.
What’s Next for $ETH ?
Bullish Momentum:
If ETH holds above $3,550, it may push higher, targeting resistance around $3,600-$3,650. Positive market sentiment could fuel further gains.
Bearish Pullback:
A rejection near $3,600 might trigger a retracement to support at $3,500-$3,520, but buyers could step in to defend the trend.
Advice:
Watch volume and market sentiment closely—sustained buying pressure above $3,550
could set ETH up for a solid breakout. Ride the wave cautiously!
#GDPSteadyPCE2.1Down #BSCOnTheRise #BSCOnTheRise #BitwiseFiles10ETFs