Watch ETH: $4,550 Break Could Trigger $1.421B Short Squeeze
I believe that if Ethereum breaks above $4,550, it will trigger significant forced buying as short positions are liquidated on major centralized exchanges.
My estimate is that the cumulative short liquidation pressure would reach approximately $1.421 billion, a level likely to amplify intraday volatility and produce sharp upward price spikes.
Analysis
Recommendation
I'm watching the $4,550 break for confirmation before acting; manage risk with position sizing and stop-losses, and avoid chasing immediate spikes without clear follow-through.
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.