$ETH (Ethereum): A significant short liquidation

worth $40K at the $2956 level indicates strong bullish pressure and a potential short squeeze. Price holding above this zone favors continuation to the upside. The preferred strategy is to enter long positions on pullbacks between $2920 and $2950, targeting $3020, $3120, and $3250. A protective stop loss should be placed below $2870. Pro tip: manage leverage carefully on ETH and always confirm direction with BTC trend and volume expansion.

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ETH
ETH
2,929.52
-1.13%