Ethereum: $4,550 Break Could Trigger $1.421B Short Squeeze

I believe that if Ethereum climbs above $4,550, the cumulative short liquidation pressure on major centralized exchanges will reach about $1.421 billion.

That magnitude of forced buy orders would likely accelerate a short squeeze, producing sharp upward moves and elevated intraday volatility.

I will be watching the $4,550 level closely, seeking confirmation on volume before taking new long exposure and keeping position sizing and stops tight to manage the elevated risk.