$ETH just witnessed a jaw-dropping short liquidation, with $12.421K wiped out at $2021.39. The market erupted as bears got caught off-guard, forcing rapid buy-ins that sent price action surging almost instantly. The charts lit up with a sharp reversal, candles climbing aggressively on a surge of volume, showing momentum swinging decisively to the bulls. Traders who were positioned short scrambled to cover, amplifying the buying pressure and creating a domino effect across leveraged positions. Key resistance zones were tested as the market sought new highs, and support levels below provided a safety net for bullish continuity. This liquidation highlights the extreme volatility inherent in crypto markets, where even the most calculated positions can be undone in seconds. Momentum indicators are flashing, volume spikes are undeniable, and every micro-move tells the story of a market reacting in real time to pressure shifts. Traders are now watching closely for follow-through, as the aftermath of this massive $ETH short squeeze continues to shape market sentiment and trading opportunities.
ETH
1,982.03
+0.45%
#PredictionMarketsCFTCBacking #VVVSurged55.1%in24Hours #TradeCryptosOnX #CPIWatch #BTC100kNext?