#ETC Short Liquidation Alert
$10,081 wiped at $8.252
Ethereum Classic just caught the shorts slipping.
At $8.252, around $10K in short positions got liquidated. Traders were positioned for a drop… but ETC pushed higher and forced them out.
And when shorts get liquidated?
The exchange has to buy ETC at market price to close those positions.
That forced buying = extra upside pressure.
That’s how squeezes start.
💥 What This Actually Tells Us
This level wasn’t random.
$8.25 was likely:
A resistance test
A leverage-heavy zone
A stop-loss cluster for bears
Price pushed into it and cleared some of that liquidity.
That means sellers got absorbed — at least temporarily.
Now momentum is being tested.
👀 What’s Next for ETC?
We’re at a decision point.
🟢 If Bulls Stay Strong
If ETC:
Holds above $8.20–$8.25
Shows increasing volume
Then we could see:
➡️ $8.40 next
➡️ Possibly $8.55–$8.60
➡️ Larger short squeeze building above
Small caps move fast once pressure builds.
🔴 If This Was Just a Stop Hunt
If price falls back below $8.20:
This may have been a quick liquidity grab
We could revisit $8.00
Consolidation before the next real move
Crypto loves trapping both sides.
🧠 Smart Play Here
• Don’t FOMO into spikes
• Watch volume for confirmation
• Look for healthy pullbacks
• Manage risk — especially with leverage
Short liquidations create the spark.
Structure and volume decide the fire.
ETC just made its move.
Now we watch — does it build momentum… or cool off? 🚀📊
#ETC #Crypto #ShortSqueeze #Trading #Liquidation
$ETC