Ethereum Short Liquidation at $4,547 — Watch for Short-Squeeze Follow-Through
I noticed a $94.1K short on Ethereum was liquidated at $4,547.92. That liquidation reduces immediate short pressure and can create a short-squeeze bounce if follow-through appears.
I’m watching price and volume for confirmation rather than acting solely on the liquidation print. If momentum and volume confirm, I’d consider a cautious entry; otherwise I’ll wait for clearer setup.
Analysis
Recommendation
Watch price and volume for confirmation. Consider a cautious or partial entry only if momentum and increased volume validate the move; otherwise wait for a clearer setup or a pullback.
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.