Ethereum: Break Above $4,550 Could Trigger $1.42B Short Squeeze
I believe that if Ethereum breaks above $4,550, cumulative short liquidations on major centralized exchanges could reach about $1.421 billion.
This magnitude of forced short-covering would likely trigger a sharp short squeeze, increasing upside momentum and intraday volatility as exchanges auto-close leveraged short positions.
I recommend monitoring the $4,550 barrier closely and managing risk—wait for a clean breakout or use tight stops and conservative sizing if taking short-term long exposure.
Analysis
Recommendation
Watch the $4,550 level for confirmed breakout; avoid chasing initial spikes, size positions conservatively, and use stop-losses or wait for a retest to reduce risk.
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.