⥠ETH JUST PUNCHED THROUGH A SHORT LIQUIDITY POCKET
đą SHORT LIQUIDATED: $139K
đ° Liquidation Level: $2,715.70
A $139K ETH short has been wiped out at $2,715.70 â adding another spark to an already active short-squeeze environment. Public liquidation data also recorded multiple ETH short liquidations around $2,715â$2,720, while broader reports showed millions of dollars in ETH shorts being forced closed during the move higher.
đ LEVELS ON RADAR
đą $2,715â$2,720 â immediate breakout/liquidity zone
đ $2,740â$2,750 â next upside area to watch
đŻ $2,780â$2,800 â potential extension if momentum expands
â ïž $2,680â$2,700 â important zone for bullish structure
đ„ TRADE SETUP
If ETH can hold above $2,700 and reclaim $2,720 with convincing momentum, another push toward $2,740â$2,750 becomes the scenario to monitor.
On the other hand, a sharp rejection from $2,715â$2,750 followed by a break under $2,680 could signal that the squeeze is cooling and bring a deeper retracement into play.
đ§ PRO DESK VIEW:
The liquidation flow currently shows aggressive short positioning being flushed, but liquidation alone isn't confirmation of a sustained trend. Watch the reaction after the squeeze rather than chasing the first spike.
â ïž Keep leverage controlled. Volatility can accelerate quickly around liquidation clusters.
ETH has taken liquidity from the shorts. Now comes the real test: can buyers turn the squeeze into a clean breakout? đ„đ
Market commentary, not financial advice.
đą SHORT LIQUIDATED: $139K
đ° Liquidation Level: $2,715.70
A $139K ETH short has been wiped out at $2,715.70 â adding another spark to an already active short-squeeze environment. Public liquidation data also recorded multiple ETH short liquidations around $2,715â$2,720, while broader reports showed millions of dollars in ETH shorts being forced closed during the move higher.
đ LEVELS ON RADAR
đą $2,715â$2,720 â immediate breakout/liquidity zone
đ $2,740â$2,750 â next upside area to watch
đŻ $2,780â$2,800 â potential extension if momentum expands
â ïž $2,680â$2,700 â important zone for bullish structure
đ„ TRADE SETUP
If ETH can hold above $2,700 and reclaim $2,720 with convincing momentum, another push toward $2,740â$2,750 becomes the scenario to monitor.
On the other hand, a sharp rejection from $2,715â$2,750 followed by a break under $2,680 could signal that the squeeze is cooling and bring a deeper retracement into play.
đ§ PRO DESK VIEW:
The liquidation flow currently shows aggressive short positioning being flushed, but liquidation alone isn't confirmation of a sustained trend. Watch the reaction after the squeeze rather than chasing the first spike.
â ïž Keep leverage controlled. Volatility can accelerate quickly around liquidation clusters.
ETH has taken liquidity from the shorts. Now comes the real test: can buyers turn the squeeze into a clean breakout? đ„đ
Market commentary, not financial advice.