Ethereum $ETH Spike Alert!
A massive $102K short liquidation just hit at $3,704.83, reflecting aggressive buying pressure.
Bulls are flexing their strength, forcing shorts to close at higher levels.
What's Happening?
This liquidation surge could indicate an incoming breakout.
However, with $ETH nearing a key psychological level, traders might see heightened volatility.
Crucial Levels to Track:
Support: $3,650
Resistance: $3,750
Pro Insight:
If $ETH breaks above $3,750 with volume, it could test higher levels quickly.
Watch for pullbacks to $3,650 for possible entries.
Patience and precise risk management are key in these conditions!
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