โก ETH JUST PUNCHED THROUGH A SHORT LIQUIDITY POCKET
๐ข SHORT LIQUIDATED: $139K
๐ฐ Liquidation Level: $2,715.70
A $139K ETH short has been wiped out at $2,715.70 โ adding another spark to an already active short-squeeze environment. Public liquidation data also recorded multiple ETH short liquidations around $2,715โ$2,720, while broader reports showed millions of dollars in ETH shorts being forced closed during the move higher.
๐ LEVELS ON RADAR
๐ข $2,715โ$2,720 โ immediate breakout/liquidity zone
๐ $2,740โ$2,750 โ next upside area to watch
๐ฏ $2,780โ$2,800 โ potential extension if momentum expands
โ ๏ธ $2,680โ$2,700 โ important zone for bullish structure
๐ฅ TRADE SETUP
If ETH can hold above $2,700 and reclaim $2,720 with convincing momentum, another push toward $2,740โ$2,750 becomes the scenario to monitor.
On the other hand, a sharp rejection from $2,715โ$2,750 followed by a break under $2,680 could signal that the squeeze is cooling and bring a deeper retracement into play.
๐ง 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.
โ ๏ธ 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? ๐ฅ๐
Market commentary, not financial advice.
๐ข SHORT LIQUIDATED: $139K
๐ฐ Liquidation Level: $2,715.70
A $139K ETH short has been wiped out at $2,715.70 โ adding another spark to an already active short-squeeze environment. Public liquidation data also recorded multiple ETH short liquidations around $2,715โ$2,720, while broader reports showed millions of dollars in ETH shorts being forced closed during the move higher.
๐ LEVELS ON RADAR
๐ข $2,715โ$2,720 โ immediate breakout/liquidity zone
๐ $2,740โ$2,750 โ next upside area to watch
๐ฏ $2,780โ$2,800 โ potential extension if momentum expands
โ ๏ธ $2,680โ$2,700 โ important zone for bullish structure
๐ฅ TRADE SETUP
If ETH can hold above $2,700 and reclaim $2,720 with convincing momentum, another push toward $2,740โ$2,750 becomes the scenario to monitor.
On the other hand, a sharp rejection from $2,715โ$2,750 followed by a break under $2,680 could signal that the squeeze is cooling and bring a deeper retracement into play.
๐ง 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.
โ ๏ธ 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? ๐ฅ๐
Market commentary, not financial advice.