I’m watching $ETH around $2,452 right now.
There’s about $1B in cumulative short liquidations sitting above the current price, and that’s the kind of liquidity I pay attention to when looking for the next move.
If ETH starts pushing higher and those shorts begin getting squeezed, the move could accelerate quickly.
I’m not chasing it here. I’d rather see price break and confirm the move first, then look for an entry.
ETH is definitely on my watchlist. 👀
There’s about $1B in cumulative short liquidations sitting above the current price, and that’s the kind of liquidity I pay attention to when looking for the next move.
If ETH starts pushing higher and those shorts begin getting squeezed, the move could accelerate quickly.
I’m not chasing it here. I’d rather see price break and confirm the move first, then look for an entry.
ETH is definitely on my watchlist. 👀
