buy

Ethereum Short Liquidated — Short Squeeze Could Push Price Higher

I saw a large ETH short position get liquidated around an average price of $4,750.71, totaling about $147,129, executed by bots from @bpay_group.

This forced liquidation looks like short-covering that can create near-term upward momentum, though the move needs follow-through volume to sustain it.

I’m cautiously bullish: this is a positive signal for Ethereum in the short term, but I’ll wait for confirmation before committing significant size.

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Analysis

Bot-driven short liquidation of ~$147k at an average price of $4,750.71 indicates short-covering and a potential short squeeze that may push ETH higher in the near term; monitor volume and price actio...

Recommendation

Consider a cautious long or scale-in on strength with tight risk controls; alternatively wait for clear confirmation above immediate resistance or a pullback to reliable support before increasing expo...

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.

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