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Ethereum Short Liquidation at $4,440 — Short Squeeze May Fuel Near-Term Upside

I see a sizable Ethereum short liquidation: roughly $76,661 of shorts were closed at an average price of $4,440.28, executed by trading bots. This means forced buy orders hit the market around that level.

That kind of short squeeze can produce short-term bullish momentum, but it may be driven by fast algo activity and could fade without broader buy-side confirmation.

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Analysis

A $76.7k short liquidation at ~$4,440 indicates significant short-covering pressure and a spike in buy orders concentrated at that price; because bots executed the liquidations, the move may be sharp ...

Recommendation

I’m watching price and volume for follow-through before adding exposure — consider waiting for confirmation or a controlled pullback; momentum traders could take small, well-stopped positions but avoi...

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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