ETH rebound after short-liquidation: potential setups and next moves

I see Ethereum flashing a bullish tilt after a short-liquidation event, with the key level around $4,324.80. The liquidation of short positions often signals a shift in momentum and can precede fresh buying interest as buyers step in.

Given the move off the liquidation pressure, risk-reward favors fading extended shorts and watching for follow-through into the next resistance. If price can hold above the $4.300–$4.350 range, there may be room for a continued upside pull toward recent highs, aided by improving liquidity and trader sentiment.