📊 The $4000 Barrier:$ETH : 🚨 More than $1.4 billion in short positions on Ethereum are at risk of liquidation if the price exceeds $4,000! ⚠️🔥
🔍 Analysis and Prediction:
The $4,000 level is considered an important psychological and technical barrier on the Ethereum chart, and the presence of such a large amount of short positions hanging below it constitutes a potential "fuel" for a violent rise if it is breached.
If the price exceeds this level:
Short positions will be forced to liquidate, leading to a short squeeze.
This forced buying increases buying pressure, which could push the price towards higher levels like $4,300 – $4,600 and possibly more.
Historically, similar price explosions have occurred after breaking critical levels that contain significant liquidity from shorts.
📉 However, if the price fails to break the resistance:
We may see a short-term downward retracement.
But the strong upward momentum makes this scenario weak unless strong selling signals appear on higher timeframes.
📌 Summary: The market stands at a pivotal threshold… and all eyes are on the $4,000 level. A breach could open the door to a new phase of sharp upward movement!
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