ETH $139K Short Liquidated at $4,500 — Watch for Bullish Follow‑through

I noticed a $139,000 short position in ETH was liquidated at $4,500.58. That stop-out likely forced buy orders and injected short-term upward pressure into the market.

I see this as a bullish signal on a micro level but it’s a single data point — I want to see confirmation from volume and subsequent price action before calling a sustained trend change.