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$ETH – Bears Caught in a Short Squeeze
A $8.7489K short liquidation at $1,864.64 suggests that bearish traders were forced to close their positions as Ethereum pushed higher. While the liquidation isn't massive, it signals improving bullish momentum and could attract additional buyers if the trend continues.
Keep an eye on key resistance levels and trading volume for confirmation before entering new positions. If buying pressure remains strong, further short liquidations may fuel a larger upward move. Stay disciplined, follow your trading plan, and always use proper risk management.
$ETH #SummerCreationCamp #EventContractsLaunch #BrentReturnsTo100 #IntelQ2RevenueSurges25% #UStoImpose10To12.5PercentTariffsOn60Economies