ETH Short Liquidated — Short Squeeze at $4,753
I was short ETH and got liquidated — average fill $4,753.65 on a $242,436 position. The forced exit shows the market moved sharply against short interest.
This looks like a short squeeze creating upward momentum; that doesn't guarantee a sustained rally, but it raises the odds of continued strength in the near term.
I'll watch price action for a clean retest or pullback before considering re-entry; I won’t chase the move without confirmation and clear risk management.
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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.