$ETH BULLS STRIKE BACK: $118K SHORT POSITION WIPED OUT!

Liquidation Alert: A $118,000 ETH short position was annihilated at $3,134.62, as

$ETH surged through resistance levels with unstoppable force.

What Happened?

The market turned against bearish traders in a matter of minutes.

A powerful $ETH rally, fueled by renewed buying pressure, sent prices soaring, triggering liquidations across the board for over-leveraged shorts.

The Setup:

Trader placed a 15x short on ETH, expecting rejection at $3,100.

Bulls had other plans, driving ETH past key resistance zones and liquidating the position in spectacular fashion.

Market Action:

ETH is now trading at $3,176, up 7.2% in the last 12 hours.

Total ETH short liquidations crossed $8.5M during the surge.

Lessons Learned:

Timing is everything: Fighting momentum is a dangerous game.

Volatility favors the prepared: Use manageable leverage and tight stop-losses.

The trend is your friend—don’t bet against it recklessly!

The Question:

Can ETH maintain its bullish momentum and test $3,300, or is this just a short squeeze before another pullback?

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