ETH short squeeze at $4,563 — short-term bullish
I noticed a $52.9K short position on Ethereum was liquidated at $4,563.16.
This short squeeze indicates buyers pushed price above short stops, removing some downside pressure.
I remain cautiously bullish in the short term but will watch for follow-through, volume, and macro cues before increasing exposure.
Analysis
Recommendation
Consider a cautious buy or add small exposure on confirmed follow-through; use tight risk controls and wait for clear momentum or a retest of support before sizing up.
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.