Ethereum: $4,550 Break Could Trigger $1.42B Short Squeeze

I believe that if Ethereum breaks above $4,550, it will trigger heavy forced buying as roughly $1.421 billion of cumulative short positions on major CEXs are likely to liquidate.

That liquidation could produce a sharp, short-lived upside squeeze and elevated volatility as shorts are closed and margin is absorbed by buyers.

I will monitor the $4,550 level closely and prefer to trade only after clear breakout confirmation or wait for a disciplined retracement to manage risk.