Market Highlight: $ETH (Ethereum)

Current Price: $4013.12

Short Liquidation: $2.0066K

Market Bias: Bullish Reversal Momentum in Play

Market Insight:

Ethereum just swept a round of short liquidations, as bears were forced out near the $4,000 mark. This kind of liquidation spike typically signals strength returning to buyers, suggesting a potential continuation of the bullish momentum.

The $4,000 region has proven to be a critical psychological and technical zone — it’s both a magnet for liquidity and a pivot area for traders assessing ETH’s next move.

Technical Levels:

Support: $3,950 – $3,980

Immediate Resistance: $4,080

Major Resistance: $4,180

As long as ETH stays above $3,950, the trend remains upward. A clean break over $4,080 could ignite a run toward $4,150–$4,200, where profit-taking is likely to occur.

Trade Plan:

Buy Entry: $3,970 – $4,010

Take Profit: $4,080 / $4,150 / $4,200

Stop-Loss: Below $3,940

Next Move: Wait for a 4H candle close above $4,080 to confirm momentum continuation. If volume expands, ETH could target $4,250+ in short order.

Summary:

ETH’s latest short liquidation burst signals that bears are losing control. Momentum and structure both favor bulls — holding above $4K keeps Ethereum primed for a potential breakout rally into new short-term highs.

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