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Ethereum $91.5K Short Liquidation at $4,490 — Short-Term Bullish Signal

I noticed a $91.5K short on ETH was liquidated at $4,490.90.

This short liquidation likely removed some downside pressure and can create short-term bullish momentum, though it’s not a confirmation of a sustained uptrend.

I’ll watch volume and price follow-through; consider entering on a pullback or after clear confirmation rather than chasing.

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Analysis

The $91.5K short liquidation at $4,490.90 indicates short-covering that can push ETH higher in the near term. This is a bullish micro-event but requires volume and follow-through to be a reliable tren...

Recommendation

Watch price and volume for confirmation; consider buying on weakness or adding a small position after a clear breakout, avoid chasing the spike.

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.

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