๐ Ethereum Liquidation Alert! ๐
๐ฅ A massive $59.9K short position just got wiped out at $1,911.41, signaling strong bullish pressure!
๐ What This Means:
Short liquidations often trigger more upside momentum as bears exit the market.
ETH is showing resilience, with buyers stepping in aggressively.
๐ฎ Next Move?
If ETH holds above $1,910, expect a push toward $1,950 - $1,970 in the short term.
A break below $1,900 could invite more selling pressure, possibly retesting $1,880.
โ ๏ธ Strategy:
Bulls should look for confirmation above $1,920 for a breakout entry.
Bears can watch for rejection near $1,950 to consider short setups.
๐ Stay sharp and manage risk accordingly! ๐
#Ethereum #CryptoTrading #ETH
