$ETH triggered a short liquidation at 2942.27, highlighting strong buyer response and forced exits from bearish positions. This type of liquidation typically supports continuation if price holds reclaimed structure. As long as ETH remains above the squeeze base, dips are likely corrective rather than trend-reversing.
Support: 2910 – 2930
Resistance: 3020 / 3150
Bullish bias intact above liquidation level.
ETHUSDT
Perp
2,942.62
+0.12%