A fresh liquidation shock just hit $ETH $30.5K in short positions blown out at $2941.69, instantly flipping sentiment and injecting raw volatility into the chart. This liquidation mark now becomes a high-pressure pivot where trapped shorts may fuel a continuation surge. Key levels tightening: support at 2910, resistance stacking at 2975 and 3018. A zoom into the recent candles shows an aggressive reclaim after the wipeout, a classic signal of buyers pressing their advantage.

A tactical setup could look like this: possible entry only if price holds above 2950 with expanding volume, confirming control shifting to the long side. Stop loss placed below 2910 to shield from a liquidity sweep or fakeout. If momentum sustains, upside targets lie at 2975 and 3018 zones with weakened sell pressure and earlier short buildup.

Market tone is heating up, volatility tightening, and $ETH looks primed for a breakout burst. Volume will dictate the next explosive move.

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