$ETH is experiencing significant short liquidations near $2318, signaling strong upward pressure and a likely continuation of bullish momentum. The size of the liquidation ($48K+) suggests institutional or large trader involvement, reinforcing the strength behind the move. Price is reclaiming key intraday resistance and transitioning into a breakout structure.

EP: $2305 – $2320

TP1: $2350

TP2: $2385

TP3: $2450

SL: $2275

Trend is firmly bullish on the lower timeframe with price printing higher highs and holding above reclaimed resistance. Momentum is strong as liquidation data confirms shorts are being forced out, adding fuel to the move. Liquidity sits above $2350 and $2400 zones, making upside continuation the higher probability path.

$ETH #WhatNextForUSIranConflict

ETH

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