$ETH Market Flash
A $119K short got liquidated at $3,976.06, signaling strong upward momentum as sellers get trapped.
Key Zones:
Support: $3,940 – $3,960 (bulls must hold this base)
Resistance: $4,020 – $4,060 (breakout zone for next leg higher)
Trade Outlook:
Long entry: $3,970 – $3,985 with upside target near $4,050.
Short entry: only if ETH slips under $3,940, aiming for $3,880.
Watch closely — a clear push above $4K could trigger accelerated gains.