Is an Explosion Imminent?
Over $10M in Shorts Liquidated at $2,560 – Bears Just Got Obliterated!
Ethereum just triggered a $10 million short liquidation at the $2,560 level — a classic short squeeze now appears to be underway. This kind of aggressive liquidation can spark serious upside as short-sellers rush to cover.
Technical Overview (Clean & Tactical):
Key Accumulation Zone:
$2,520 – $2,570 → Strong buying interest post-liquidation. Bulls are actively defending this range.
Price Targets:
Target 1: $2,640
Target 2: $2,710
Target 3 (Stretch): $2,800+
Protective Stop:
$2,480 → A close below this level may disrupt the short-term bullish structure.
Why It Matters:
$10M in shorts wiped out — a powerful bullish catalyst.
Short squeezes = forced market buys, often driving rapid surges.
Holding above $2,560 shows bulls are gaining control.
Bottom Line:
This is a high-risk, high-reward opportunity. If momentum holds, the next breakout could be violent.
Will you ride the wave, or be left behind?
#ETH #Ethereum #CryptoBreakout #BinanceAlpha