Ethereum could trigger $1.421B short squeeze above $4,550
I believe that if Ethereum breaks above $4,550, cumulative short-liquidation pressure on major centralized exchanges will reach roughly $1.421 billion.
That magnitude of potential short pain would likely accelerate an upside squeeze and add momentum to the breakout.
I’m watching order flow and volume during any break closely — confirmation and liquidity are key to avoid a false breakout.
Analysis
Recommendation
Trade the breakout with confirmation: wait for sustained volume and order-flow support, size positions conservatively, and use stops under the breakout to limit downside in case of a fakeout.
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.