Ethereum Short Liquidation at $4,481 Signals Short-Term Bullish Pressure
I noticed a $118K ETH short was liquidated at $4,481.22, which indicates short-covering and some short-term bullish pressure on Ethereum.
I view this as a small but informative event — it can add momentum intraday, but the liquidation size is modest relative to ETH's market depth.
Analysis
Recommendation
I’m watching for follow-through and higher volume before adding exposure; consider small or conditional positions if trading the momentum, otherwise wait for clearer confirmation.
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.