$ETH Short Liquidation: $26.802K at $2984.96
Short sellers on $ETH were hit hard as price pushed higher, triggering a large short liquidation. Bears failed to defend the level, and forced buying from liquidations added strong fuel to the upside move.
Liquidation Type: Short
Liquidated Amount: $26.802K
Liquidation Price: $2984.96
EP: $2968
TP: $3035 → $3100
SL: $2945
Market Outlook:
This heavy short liquidation confirms strong bullish control above the range. As long as ETH holds above the liquidation zone, upside momentum remains active with potential continuation toward higher resistance levels. Minor pullbacks are healthy, but structure clearly favors buyers.
Pro Tip: Large liquidations often signal trend continuation. Wait for a controlled pullback instead of chasing smart patience protects profits.
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