$ETC Short Liquidation Alert
A wave of short liquidations hit at $25.12, as the bulls rallied fiercely, forcing bearish positions to unwind
The sudden surge in price caught short sellers off guard, triggering cascading liquidations and intensifying bullish momentum. The market is buzzing with speculation will this rally continue, or is it a temporary squeeze
Key Details
Liquidation Price $25.12
Trigger Event Sudden buying pressure, likely whale-driven or market momentum.
Market Impact
Forced short exits fueled upward momentum.
Increased volatility as bulls capitalize on the squeeze
Volume Spike Likely immense, as liquidations add fuel to the rally
What’s Next for ETC
Will bulls push past resistance levels to sustain the rally
Could bears regroup for a reversal?
Is this the start of a broader upward trend in ETC.