Ethereum Short Squeeze at $4,484 Signals Bullish Momentum
I note a $171,000 short liquidation on Ethereum executed at $4,484.25 — a clear sign shorts were forced out at that level.
I view this as a bullish micro-signal because liquidation cascades can propel price higher, but it’s only meaningful if followed by sustained volume and follow-through.
I will watch price and volume for confirmation and consider entering on a validated continuation or a disciplined pullback while keeping tight risk controls.
Analysis
Recommendation
I recommend watching for confirmation; consider a buy on validated continuation or on a controlled pullback with stop-losses beneath recent support to manage the risk of a fast retracement.
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.