Exactly—MMs rarely let shorts win that easy. ETH holding above $4.4K suggests liquidity is being pushed higher. A dip below $4K looks unlikely near term; more probable is a grind toward $4.8–$5K to trap late bears.

The Problem is lot of traders re expecting ETH below 4k but that's not going to happen because those who opened short positions below $4K in ETH will get chance to close their position at break even or very less loss, which Market Makers don't want.

You need to understand the game.