🚨 ETH SHORTS UNDER PRESSURE!
🟢 $53.9K ETH Short Liquidated at $2,696.54
Ethereum is showing a fresh burst of bullish momentum as leveraged shorts get squeezed around the $2,696 zone.
📊 Market Snapshot
• Liquidation: $53,900
• Price: $2,696.54
• ETH is holding near the $2.69K–$2.70K resistance area
• Broader derivatives data also shows meaningful short-side liquidations, while ETH remains around $2.69K.
🎯 My View — Next Move
If ETH decisively breaks and holds above $2,700, the short squeeze could accelerate toward:
➡️ $2,730
➡️ $2,770
➡️ $2,800
But if $2,700 rejects price and ETH slips back below $2,680, expect a cooling move toward $2,650–$2,620 before another attempt higher.
🔥 Signal Bias: BULLISH above $2,700
⚠️ Confirmation > FOMO
The key now is whether ETH can turn the $2.70K barrier into support. Current market data places ETH around $2.69K, while recent Q3 momentum has been notably strong.
Trade smart. Manage leverage. Protect capital.
#SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #NvidiaHitsRecordHighUp2.4% #CanaryFilesAmendedS1ForPEPEETF
🟢 $53.9K ETH Short Liquidated at $2,696.54
Ethereum is showing a fresh burst of bullish momentum as leveraged shorts get squeezed around the $2,696 zone.
📊 Market Snapshot
• Liquidation: $53,900
• Price: $2,696.54
• ETH is holding near the $2.69K–$2.70K resistance area
• Broader derivatives data also shows meaningful short-side liquidations, while ETH remains around $2.69K.
🎯 My View — Next Move
If ETH decisively breaks and holds above $2,700, the short squeeze could accelerate toward:
➡️ $2,730
➡️ $2,770
➡️ $2,800
But if $2,700 rejects price and ETH slips back below $2,680, expect a cooling move toward $2,650–$2,620 before another attempt higher.
🔥 Signal Bias: BULLISH above $2,700
⚠️ Confirmation > FOMO
The key now is whether ETH can turn the $2.70K barrier into support. Current market data places ETH around $2.69K, while recent Q3 momentum has been notably strong.
Trade smart. Manage leverage. Protect capital.
#SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #NvidiaHitsRecordHighUp2.4% #CanaryFilesAmendedS1ForPEPEETF