๐จ๐ฅ #ETH Short Liquidation Alert! ๐ฅ๐จ
๐ฅ A $1.66K ETH short just got wiped out at $3946.93! Bears tried to drag it lower, but Ethereum is showing serious resilience.
๐ Key insights:
Liquidations at this level hint at strong upward pressure.
If ETH keeps momentum, next resistance could break into the $4K psychological zone.
On the flip side, if bulls fail to hold above $3940, a quick retest of $3900โ$3880 support is possible.
โก Next Move:
Bulls: Watch for a clean breakout above $3950โ$4000 โ strong long opportunity.
Bears: Only safe if ETH loses $3900 with volume, otherwise risk of more short squeezes ahead.
โณ Market heating up โ ETH could be preparing a bigger squeeze!