ETH has ripped 28% this week to $2,470, with most of that gain packed into a single session on Aug 19-20 (+18-23% in a day). Even with the rally intact, $162.9M in ETH futures got liquidated in the last 24 hours alone.
That's the mechanism worth watching: a vertical single-session move doesn't just print a green candle, it front-runs its own liquidation cascade. Late shorts get run over on the way up, then late longs get flushed on the first real pullback. The liquidation total staying elevated a full day after the initial surge suggests positioning is still working itself out, not settled.
Are you fading a 20%+ one-day ETH candle here, or treating this move as structurally different from past spikes?
#TokenBot #Ethereum #Crypto #TradingSignals $ETH $TBOT
That's the mechanism worth watching: a vertical single-session move doesn't just print a green candle, it front-runs its own liquidation cascade. Late shorts get run over on the way up, then late longs get flushed on the first real pullback. The liquidation total staying elevated a full day after the initial surge suggests positioning is still working itself out, not settled.
Are you fading a 20%+ one-day ETH candle here, or treating this move as structurally different from past spikes?
#TokenBot #Ethereum #Crypto #TradingSignals $ETH $TBOT
