Ethereum Short Liquidated at $4,533 — Short-Term Bullish Signal
I noticed an Ethereum short worth $50.3K was liquidated at $4,533.53. I view this as a short squeeze that temporarily removed bearish pressure at that level.
This kind of liquidation can fuel short-term upside and attract momentum traders, but the size is small relative to ETH's market depth. I will watch price reaction around $4,500–4,600 for confirmation.
I remain ready to act on a clear continuation or a disciplined pullback entry, keeping risk controls tight.
Analysis
Recommendation
Consider buying on confirmed continuation above the liquidation zone or on a measured pullback with a clear stop below recent support; keep position sizes conservative.
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.