$ETH Short Liquidation: $25.4K at $3318.59
Explanation
A $25.4K short liquidation at $3318.59 shows sellers failed to break support and were forced to exit at a loss. These short liquidations convert into buy pressure, driving price higher and giving bulls stronger momentum.
Next Move
Remaining above $3312–$3323 keeps shorts trapped, allowing buyers to continue squeezing the market upward as more short positions are forced to close on every dip.
Targets – Bullish Continuation
TG1: $3336
TG2: $3364
TG3: $3398
Pro Tip
Avoid chasing the breakout. Wait for a pullback into $3312–$3323 and only enter if the level shows a clean bounce with rising buying volume. This protects you from FOMO and reduces risk of sudden reversals.
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