$ETH USDC just triggered a notable short squeeze, with $12.02K in bearish positions liquidated at $1,619.82 on Binance. The move highlights growing buying pressure as sellers were forced to cover, reinforcing the bullish momentum.

Price is now holding above a key intraday level, and buyers appear to be defending the recent breakout area. If momentum continues to build, the next liquidity targets could be reached quickly.

EP: 1,615 - 1,625

TP:

1,650

1,700

1,760

SL: 1,585

The trend is strengthening, volatility is expanding, and bulls remain in control. A sustained hold above the liquidation zone could support another leg higher.

Do you think $ETH pushes toward $1,760 next, or is a retracement needed before the next breakout?

Let's go $ETH