ETH Short Liquidation at $4,533 Suggests Short-Term Bullishness
I see a $50.3K ETH short was liquidated at $4,533.53. That liquidation indicates short-term upward pressure and a quick squeeze around that price.
While this is a bullish sign, the size is small relative to Ethereum’s market depth, so follow-through matters. I’d watch for confirmation above nearby resistance before committing large size.
Analysis
Short liquidation at $4,533.53 implies a squeeze that can push price higher briefly, but $50.3K is modest versus ETH liquidity; sustained gains require additional buying or larger liquidations.
Recommendation
Consider a small or staged buy if momentum continues above resistance, or wait for clear confirmation; keep tight stops due to potential volatility.
Disclaimer
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