$ETH Short Liquidation Alert: $27.948K at $3726.45

What Happened?

ETH saw a short liquidation of $27.948K at $3726.45,

forcing bearish traders out of their positions.

This triggered increased buying pressure, pushing the price higher.

Key Insights:

1. Short Squeeze Effect: Liquidations like this fuel bullish momentum, with shorts forced to cover.

2. Market Strength: ETH is showing resilience, with buyers stepping in at higher levels.

What’s Next for ETH?

1. If Uptrend Continues:

Next resistance is at $3800.

Breaking above $3800 could push ETH toward $4000 or higher.

2. If ETH Pulls Back:

Key support zones to watch: $3650 and $3600.

Holding above $3600 would maintain bullish sentiment.

Pro Tips:

Monitor Volume: High buying volume confirms upward continuation.

Avoid FOMO—wait for pullbacks or a breakout above $3800 for confirmation.

Use stop-loss orders to manage risks in volatile conditions.

ETH’s short squeeze signals strong bullish energy—watch the levels and trade carefully!

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