ETH
ETH printed a significant short liquidation of $23.572K at $1961.92. This is important because it signals forced covering near a resistance cluster. When large short liquidations occur without immediate rejection, it usually means buyers are in control.
The $1950 – $1960 area was a major liquidity wall. Now that shorts are cleared, the next upside liquidity sits near $2000 and $2040. As long as ETH holds above $1925, the structure favors continuation higher.
EP: $1950 – $1965
TP1: $2000
TP2: $2040
TP3: $2100
SL: $1895
Trend remains bullish with higher highs forming on intraday structure.
Momentum is strong with sustained volume expansion after liquidation.
Cleared short liquidity above $1960 opens the path toward psychological $2000 and beyond.
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ETHUSDT
1,961.1
-1.12%