Ethereum Shorts Liquidated at $4,449 — Watch for Follow‑Through

I see Ethereum shorts liquidated for $75.3K at $4,449.46, which suggests recent upside pushed short positions out of the market.

That liquidation creates short-covering momentum, but the size is moderate — it’s a directional signal, not confirmation of a sustained trend.

I’ll watch price action around $4,400–4,500 and avoid chasing; consider accumulating on a pullback or clear follow-through above resistance.