The price of #ETH reached 3,470 with a strong momentum that forced the liquidation of leveraged shorts in the high zone.

Between 3,400 and 3,470 there was a notable concentration of vulnerable short positions, which were violently swept away before the current pullback. The market reacted just where liquidity was most exposed.

The behavior reinforces how abrupt movements tend to target areas where poorly positioned leverage can be punished.

🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square

ETHUSDT

Perp

3,245.39

+1.86%