Ethereum short squeeze after $99.5K short liquidation
I noticed a $99.5K short position on Ethereum was liquidated at $4,527.25, which looks like a short squeeze and adds immediate bullish pressure.
I see this as a sign of upward momentum but not a guaranteed trend change — I want to see follow-through above nearby resistance with volume before increasing exposure.
Analysis
Recommendation
Consider a tactical buy on confirmed follow-through or buy on pullbacks with tight risk management; avoid overexposure until momentum is validated.
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.