buy

ETH short squeeze: $155K liquidated at $4,560

I see a $155,000 short on Ethereum was liquidated at $4,560.34, which signals forced short-covering and upward pressure on price.

I view this as a bullish micro-event that can fuel a near-term rally if accompanied by volume and favorable funding. I'll watch for follow-through above nearby resistance levels.

I remain cautiously bullish and would consider entering or adding on a confirmed breakout while keeping strict stops to manage risk.

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Analysis

Short liquidation of this size at $4,560 suggests shorts were crowded around resistance, producing short-covering that can amplify upside. Confirm strength with rising volume, improving funding rates,...

Recommendation

Consider a buy on confirmed breakout or add selectively with position limits; use tight stop-losses below recent support to limit downside if the move fails.

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.

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