ETH Short Squeeze: $94.1K Liquidated at $4,547.92
I noticed a short on Ethereum was liquidated — about $94.1K executed at $4,547.92. This liquidation likely created a short-squeeze impulse that briefly lifted price.
I view the event as a short-term bullish signal but not a standalone trade trigger. I’m watching volume and follow‑through to confirm whether this becomes sustained momentum.
Until I see clear confirmation or a retracement to a reliable support, I’ll monitor entries and manage risk tightly.
Analysis
Recommendation
Watch price action closely. Consider buying on confirmed breakout or on weakness toward established support with disciplined stop-losses; avoid chasing unconfirmed spikes.
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.