🚀 $ETH Smashes $4,200 — $200M Shorts Liquidated!
Ethereum just tore through the $4,200 mark, wiping out over $200 million in short positions in one explosive move. This short squeeze shows extreme bullish momentum — but also sets the stage for potential whiplash.
Short squeezes can send prices soaring fast, but once the frenzy fades, sharp pullbacks often follow. ETH’s strength is clear, but buying at peak euphoria can be dangerous.
📊 Key Price Zones
Resistance: $4,250 – $4,300
Support: $4,150 – $4,100
💡 Pro Tip for Traders
If you missed the initial breakout, waiting for a pullback could be the smarter play. Enter with tight stop-losses and stay alert — volatility is high, and the next big swing could come fast.
🔥 Will ETH keep squeezing shorts higher, or is the cooldown just around the corner?