ETH Short Liquidated at $4,472 — Short Squeeze Signals Near‑Term Upside
I saw a short on ETH/USDC get liquidated — average fill ~$4,472.24 for about $423,137, executed by trading bots from @bpay_group.
This liquidation likely removed short-side pressure and caused a short squeeze; it signals bullish momentum in the near term but isn’t definitive without follow-through.
Analysis
Large bot-driven short liquidation at $4.47k removes immediate downside pressure and can accelerate a short-term rally, but needs volume and macro confirmation to be a sustainable trend change.
Recommendation
I’m watching price action — don’t chase rallies; consider buying on weakness or wait for clear confirmation of follow-through before increasing exposure.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.