Liquidation Frenzy Hits Ethereum!
The $ETH bulls have struck again, this time annihilating a $50.5K short at a stunning price of $3,931.62!
Ethereum's recent surge has caught bearish traders off guard, with shorts facing relentless liquidation pressure as the market momentum builds.
This latest move signals growing confidence among buyers, pushing $ETH closer to reclaiming its 2023 highs.
→ Why it matters:
• Psychological resistance:
Breaking the $3,900 mark could ignite even more bullish sentiment.
• Liquidation cascade:
Short liquidations often amplify price movements, fueling sharp upward trends.
• All eyes on $4,000:
A decisive break above could set the stage for a powerful rally into uncharted territory.
Is $ETH gearing up for a breakout?
With sentiment heating up, this could be the momentum shift traders have been waiting for.
Stay vigilant—volatility is here, and ETH is stealing the spotlight!