🚹 ETH SHORT SQUEE ALERT

A notable $334K ETH short position was liquidated around $2,695.91 — a sign that the upside move is forcing leveraged sellers to exit. Recent liquidation data also shows multiple ETH short liquidations clustered around the $2,695–$2,696 zone.

📍 ETH: ~$2,686
⚡ Key liquidation zone: $2,695–$2,696
📊 24H ETH futures volume: ~$46.1B
đŸ’„ 24H ETH futures liquidations: ~$61.5M
📈 Open Interest: ~$33.6B

đŸ”„ What matters next?

If ETH can reclaim and hold above $2,700, the short squeeze could extend toward the next overhead liquidity areas. Current liquidation mapping shows notable short-liquidation zones around $2,772–$2,801, which could become potential upside targets if momentum accelerates.

On the other hand, failure to hold the $2,650–$2,670 area would weaken the bullish setup and could expose ETH to another round of long liquidations.

🎯 My market view:
Bullish above $2,700 confirmation → momentum continuation becomes the setup to watch.
Below $2,650 → stay defensive and wait for a fresh structure.

⚠ Not financial advice. Leverage can turn small moves into large losses. Always manage risk.

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