$ETH Short Liquidation Alert!

$24,361 in Short Positions Wiped at $2,428.08

Boom! Bears just got liquidated on ETH — a massive short squeeze cleared out $24K in bearish bets at $2,428.08, and that’s a clear sign that bulls are stepping in hard.

What Happened?

• Short traders expected ETH to drop — but it moved up instead, triggering liquidations.

• This squeeze adds fuel to the rally, and ETH is showing strength above key levels.

Market Sentiment:

• Strongly bullish short-term.

• ETH is crushing resistance zones and building momentum for higher highs.

• Shorters are being punished — a bullish indicator.

Next Move (What to Watch):

• ETH must hold above $2,420 to keep bullish control.

• If price stays strong and volume increases, next leg up is in play.

• Perfect setup for momentum scalpers and breakout traders.

Upside Targets:

• TG1: $2,470 – local resistance

• TG2: $2,540 – breakout target

• TG3: $2,620 – next major resistance

Pro Tip: Short squeeze = momentum fuel. ETH may rally harder if BTC stays steady.

Use pullbacks as entries, but manage risk — volatility is picking up fast.

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