Ethereum Short Liquidation Signals Bullish Momentum

I just got squeezed — a large ETH short position was liquidated. The average fill was $4,773.91 and the total size was about $6,206,083.

I see this as evidence of aggressive short-covering that can propel further upside in the near term, though it also increases volatility and invites profit-taking.

I'm leaning bullish after the liquidation, but I'll manage risk: look for confirmation in follow-through volume or buy on a controlled pullback with tight stops.