📊 #ETH🔥🔥🔥🔥🔥🔥 – Liquidated shorts in vertical impulse
#ETH experienced an explosive movement that took it from 4,200 to nearly 4,900 in just a few hours. This impulse swept through a dense area of short leverage between 4,640 and 4,860.
After the massive liquidation of short positions, the price entered a consolidation phase below 4,900, where areas with accumulated short liquidity are still observed.
The movement once again confirms that the market actively seeks areas to force closures of leveraged positions.
🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square