🚨 More than $1 BILLION in short liquidity is sitting above Ethereum's current price.
$ETH is trading around $1,719, but liquidation data shows a massive cluster of bearish positions stacked between $1,750 and $1,820.
If bulls regain momentum, those shorts could become fuel for the next move higher through forced liquidations.
The market is heavily positioned.
The question is:
Will ETH revisit $1,850... or will bears defend the level again?