ETH $4,563 Short Liquidation Suggests Short-Term Bullish Pressure
I noticed an ETH short liquidation of $52.9K executed at $4,563.16. This liquidation likely added short-term upside pressure to the price.
The size is modest relative to Ethereum’s market activity, so I view this as a localized squeeze rather than a structural breakout signal. I’ll be watching price and volume to see if momentum sustains.
If price holds above recent support and volume confirms, momentum could continue; otherwise expect a retracement and a better buying opportunity on weakness.
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Disclaimer
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