Ethereum Short Liquidated at $4,735 — Short‑Squeeze Upside, Stay Cautious
I noticed a large ETH short was liquidated at an average price of $4,735 with a notional size of about $345,463. That removal of short pressure often generates a short‑squeeze and near‑term bullish momentum.
I remain cautious — the move can be volatile and may not mark a durable trend. Keep your feet on the ground and watch for confirmation.
Prefer adding exposure on pullbacks rather than chasing the immediate run, and use tight risk management.
Analysis
Recommendation
Watch price action and wait for a retrace before adding size. Consider buy‑on‑weakness entries with strict stop loss levels rather than chasing the spike.
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.