Ethereum Short Liquidation at $4,563 — Short Squeeze Boosts Momentum
I saw a $51.7K short on Ethereum liquidated at $4,563.45. That forced buying likely produced a short-squeeze-driven uptick in price.
I view this as a bullish micro-event that reduces immediate selling pressure, but $51.7K is small relative to ETH’s liquidity so the move may be short-lived.
I’m watching for follow-through or a clean retracement before adding size; if I enter, I’d use tight risk management.
Analysis
Recommendation
Watch price action for follow-through; consider buying only on a confirmed breakout or on a tested retracement with strict stop-losses to manage risk.
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.