Ethereum short liquidated at $4,449 — mild bullish signal
I note that an ETH short of $178,000 was liquidated at $4,449.34, which likely removed short-side pressure and produced a short-squeeze impulse around that level.
I view this as a mildly bullish micro-signal but not decisive on its own — the liquidation size is small relative to the market, so I want to see follow-through with higher volume before scaling in heavily.
Analysis
Recommendation
Consider a cautious buy: scale in size, prefer buying on confirmed follow-through or on a controlled pullback, set a clear stop-loss below key support, and monitor volume and funding rates closely.
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.