$ETH Liquidated Short: $50.1K at $3,615.13

The Bulls Roar Back!

Ethereum just delivered a crushing blow to the bears!

A staggering $50.1K in short positions was liquidated as $ETH surged to an impressive $3,615.13, showcasing the sheer power of bullish momentum.

Here’s how it all unfolded:

Short Position: The bears were banking on Ethereum losing steam, placing bets against the upward trend.

But $ETH had other plans, breaking past resistance levels and leaving the shorts scrambling as the price soared.

Liquidation Price: At $3,615.13, the market reached a critical inflection point. Short positions were forced into liquidation, fueling even more upward pressure as the bulls seized control.

Price Action: ETH’s recent rally has been a spectacle, and this liquidation event underscores its dominance.

With such a sharp move, Ethereum has proven once again why it’s the second-largest crypto in the market—

there’s no slowing it down when the momentum is on its side.

The Short Squeeze Effect: This liquidation wasn’t just a loss for the bears; it was a victory lap for the bulls.

Short squeezes like this amplify the rally, creating a feedback loop of rising prices and forced buy-ins.

What’s Next?

With Ethereum breaking past $3,600, the question now is: how far can it go?

Will this momentum carry ETH to new highs, or will the bears regroup for another battle?

One thing’s for sure—this is a market you can’t afford to ignore!

Stay locked in, traders—Ethereum’s next move could be monumental!

#MarketBuyOrHold? #BSCOnTheRise #MarketInTheGreen #EthereumAwakening? #GDPSteadyPCE2.1Down