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Ethereum: $4,550 Break Could Trigger $1.42B Short Squeeze
I note that if Ethereum breaks above $4,550, cumulative short liquidations on major centralized exchanges could total roughly $1.421 billion.
I believe that magnitude of liquidations would likely amplify upside momentum and increase intraday volatility as shorts are forced to cover.
I would monitor price action, exchange open interest and set alerts around $4,550 while sizing positions for higher-than-normal volatility.
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Analysis
The $1.421B liquidation estimate signals a potential short squeeze that can accelerate an upward move and spike intraday volatility; watching exchange open interest and order flow near $4,550 will sho...
Recommendation
Watch ETH around $4,550 for a potential squeeze; consider smaller position sizes, tight risk controls, and alerts on open interest and exchange liquidations rather than entering large directional trad...
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.