$ETH Ethereum Liquidation Alert!
🔷 Asset: $ETH
🔷 Type: Short Liquidation
🔷 Value: $50,300
🔷 Liquidation Price: $3,364.99
What does this mean?
A massive short position just got wiped out at $3,364.99, signaling intense bullish momentum! Traders betting on a price drop were forced to exit, adding fuel to the rally.
Key Takeaways:
Momentum Surge: Bullish strength is breaking resistance zones, and liquidations like this can drive prices even higher.
Critical Support: Keep an eye on $3,350 as a new support level, with potential upside targets around $3,400-$3,450.
Risk Management: If you're shorting, tighten stop losses to avoid being the next liquidation statistic.
The market doesn't wait—will you ride the wave or get caught against the tide?