ETH ликвидированная шорт-позиция

I’m evaluating the ETH liquidation data and its implications for price dynamics and market sentiment. The report shows a liquidated short position of approximately $199K at a price level around $4,311.54. This indicates a reversal pressure where bearish bets were forced to cover as price moved through the liquidation point, potentially contributing to local short squeezes and upside momentum. In the near term, the liquidation level around $4.31k may have served as a psychological resistance pivot; if ETH can sustain moves above that level and accompanied by rising volume, it could invite further upside participation. However, given the relatively modest liquidation size in the context of the broader market, caution remains warranted as a larger macro-driver (macro liquidity, Philly Fed, or CME futures dynamics) could overwhelm a single liquidation event. Overall sentiment appears cautiously bullish on a short time horizon, provided price action confirms with higher timeframe bullish signals.