$ETH Short Liquidation: $6.14K at $3070.08
Short sellers were expecting a rejection near the $3,070 zone, but ETH pushed higher and triggered liquidations at this level. Buyers showed strength, forcing shorts to exit and flipping short-term momentum back to the upside.
Entry (EP): $3055 – $3070
Target (TP): $3125 – $3180
Stop Loss (SL): $3015
Market Outlook:
This short liquidation confirms bearish pressure is weakening around a key level. If ETH holds above the liquidation zone, upside continuation remains likely. Strong volume could trigger more short covering, while shallow pullbacks would keep the bullish structure intact. Stay patient and trade with confirmation.
#USJobsData #CPIWatch #USCryptoStakingTaxReview #TrumpTariffs
