Massive Liquidation: $74.6K Short Position on $ETH Wiped Out at $3,393.00!
Ethereum’s bullish momentum continues to dominate as a significant $74.6K short position was liquidated at the key level of $3,393.00.
This event underscores the growing strength of the bulls, catching short-sellers off guard and adding fuel to $ETH upward surge.
Short liquidations of this size often indicate a pivotal market shift, with intensified buying pressure pushing prices higher.
As resistance levels crumble, traders are left wondering if this is the start of a sustained rally or a temporary spike.
With $ETH price action heating up, all eyes are now on the next key milestones.
Will Ethereum break through to new highs, or will the market face a consolidation phase after this liquidation frenzy?
Stay alert, trade wisely, and prepare for more volatility as the battle between bulls and bears rages on in the ETH market!