$ETH Short Liquidation Alert
Bulls Dominate as Bears Collapse!
Liquidation Amount: $20,856
Liquidation Price: $3,669.33
The Breakdown:
Ethereum's relentless rally crushed $20.8K worth of short positions at $3,669.33, forcing bears to retreat.
This liquidation marks a major win for the bulls, signaling $ETH 's growing strength in a volatile market!
Market Momentum:
Bulls on Fire: With shorts squeezed, $ETH could continue its push higher as buying pressure intensifies.
Bear Trap Activated: Traders betting against ETH got wrecked, triggering a cascading wave of liquidations.
Critical Levels to Watch:
Next Resistance: $3,700 – Can ETH break past this psychological barrier?
Key Support: $3,600 – A critical zone for bulls to hold if momentum slows.
Action Plan for Traders:
Bulls: Watch for breakouts above $3,700 to ride the trend higher.
Bears: Wait for overbought signals or signs of exhaustion for potential re-entry.
What’s Next for ETH?
Will Ethereum soar beyond $3,700, or are the bears planning their revenge?
The battle is far from over, and volatility is at an all-time high!
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