$ETH just wiped out short sellers around the $2923 zone. This kind of short liquidation usually happens when price pushes higher than expected and bears are forced to exit fast. That tells us buyers are still in control and dips are being absorbed. As long as ETH holds above key intraday support, the bias remains bullish and continuation moves are possible.
EP: $2895 – $2925
TP: $2980 → $3050 → $3120
SL: $2840
Momentum is favoring the upside while shorts are getting squeezed. Trade with discipline and manage risk.
ETHUSDT
Perp
2,953.3
+0.25%