#Ethereum (ETH) just triggered a $11.9K short liquidation at $1921.56 — and this is where things start getting interesting.
This move shows that sellers were leaning bearish, but price pushed up enough to force them out. That forced buying adds momentum, even if the liquidation size isn’t massive yet.
Right now, ETH is sitting at a decision point. If buyers step in with strong volume, this could lead to a continuation move toward higher resistance zones. A few more liquidations stacking here can quickly turn into a stronger squeeze, pushing price up faster than expected.
On the flip side, if volume stays weak, this could just be a short-term spike. Price might pull back and trap late buyers who chased the move.
What to watch next:
Increasing volume, strong candle closes above $1920, and repeated liquidations.
For now, this looks like early bullish pressure — but confirmation still depends on follow-through.
