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

I note that if Ethereum breaks above $4,550, cumulative short liquidation pressure on mainstream centralized exchanges would reach about $1.421 billion. That magnitude of forced buying can fuel a rapid short squeeze and amplify an upward breakout.

I would monitor orderflow, funding rates and spot/CEX liquidity around the level. Increased volatility and quick retracements are likely once liquidation cascades run their course, so position sizing and stops are important.