$ETH Short Liquidation: $10.265K at $3050.39
Short sellers on $ETH were forced to exit as price pushed higher, triggering a strong short liquidation. Bears failed to defend the $3,050 zone, and forced buying added solid fuel to the upside move.
Liquidation Type: Short
Liquidated Amount: $10.265K
Liquidation Price: $3050.39
EP: $3035
TP: $3100 → $3180
SL: $3005
Market Outlook:
This short liquidation confirms buyers firmly in control above the psychological $3,000 level. As long as ETH holds above the liquidation zone, upside momentum remains active with room for continuation toward higher resistance. Small pullbacks are healthy, but overall structure continues to favor the bulls.
Pro Tip: When liquidations happen above key levels, don’t chase the breakout. Wait for a controlled pullback and enter with discipline clean entries protect profits.
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