Long liquidation worth $9.03K smashed at $0.04211, signaling weak hands flushed and short-term downside exhaustion. Expect a dead-cat bounce if buyers step in, otherwise continuation.
$FOLKS SHORTS DESTROYED — AGGRESSIVE BUYERS IN CONTROL
Short liquidation of $5.24K at $10.42001 shows sellers got trapped. This is a classic squeeze zone where continuation often follows if volume sustains.
This is not noise. $109K in shorts liquidated at $2934.47 means ETH punished late bears hard. However, ETH does not move blindly. Expect either continuation or a sharp pullback.