🔥 ETH SHORTS TAKE ANOTHER HIT — $2,518.07 IN FOCUS!
🟢 #ETH | Liquidation Radar
💥 Short Positions Liquidated: $54.7K
📍 Liquidation Price: $2,518.07
Ethereum is putting bearish traders under pressure, with $54.7K in short positions liquidated at $2,518.07. This could provide fuel for further upside if buyers step in and defend the latest price area.
📈 Levels & Trade Scenarios
Pivot: $2,518.07
Bullish Setup: A sustained hold above this level could support another upward attempt.
Upside Confirmation: Look for stronger buying volume and a break above the nearest confirmed swing high.
Failure Signal: Losing the pivot after a rejection could invite renewed selling pressure.
🎯 Next Move — Trader's Outlook
My bias is cautiously bullish while ETH holds above $2,518.07, but I would wait for confirmation before considering a long entry. If momentum fades and the level fails, staying sidelined may be the smarter play.
⚠️ Liquidation data is a signal to watch, not a guaranteed direction. Protect capital with disciplined risk management.
Watch the pivot. Follow the confirmation. Never chase blindly. ⚡
Replace unsupported bullish inference
Remove unconfirmed swing-high wording
Add clearer invalidation level

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