Massive $ETH Short Liquidation!
$92.6K in short positions just got wiped out at $3,129.70 – a clear sign of bullish pressure building up!
📊 Market Sentiment:
Shorts getting liquidated often signals strong buying momentum.
If ETH holds above $3,130, we could see a push towards the next resistance at $3,200-$3,250.
However, failure to sustain this level might trigger a pullback to $3,080-$3,050 for reaccumulation.
🔥 Next Move
A decisive breakout above $3,150 could ignite a stronger rally. But if sellers step in, watch for a possible retest of key support zones before another leg up.
🔔 Stay sharp—volatility is picking up!