buy

Ethereum short liquidation at $4,604 — potential bullish squeeze

I observed a $50.9K short liquidation on Ethereum at $4,604.88, which indicates short-seller pain and a sudden bullish impulse.

This single liquidation can create short-term upward momentum, but it's not definitive on its own. I want to see follow-through in volume and price before assuming a sustained breakout.

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Analysis

The liquidation shows short-covering pressure and may have triggered a quick price uptick. However, a single liquidation of this size is modest relative to ETH open interest; meaningful bullish confir...

Recommendation

I would watch price and volume for confirmation before adding exposure; consider a light buy on clear follow-through or use a tight stop if entering early to capture momentum while limiting downside.

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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