Ethereum Short Liquidation — $150K Liquidated at $4,530
I noticed a $150,000 short position in Ethereum was liquidated at $4,530. This forced buyback reduced short-side pressure at that level.
I view the liquidation as a short-term bullish signal, but it’s a single event and not confirmation of a sustained uptrend. I’m monitoring volume, order book and follow-through price action.
Analysis
Recommendation
Watch price reaction and volume around $4,530. Avoid chasing; consider entering on a confirmed pullback or clear breakout with follow-through.
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.