Ethereum $91.5K Short Liquidation at $4,490 — Short Squeeze Boost
I noticed a $91,500 short on Ethereum was liquidated at $4,490.90. The forced buy likely pushed intraday momentum higher and removed some immediate selling pressure.
I view this as a short-term bullish cue, not definitive trend confirmation. I’m watching for follow-through on volume and price structure before committing more capital.
Analysis
Recommendation
I recommend watching price and volume for confirmation; consider small, disciplined long entries on confirmed follow-through or buy-on-weakness dip setups with tight risk controls.
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.