$ETH ETH Shorts Wiped Out! Major Liquidation Alert!**
💥 **Ethereum (ETH) just saw $50.5K in short positions liquidated at $1,991.12!** A strong shakeout as overleveraged bears get flushed.
📊 **What This Means:**
- Liquidations at this level indicate aggressive short positions being wiped, often leading to a price rebound.
- If bulls capitalize, ETH could push **past $2,000**, testing key resistance levels around **$2,020–$2,050**.
- However, a failure to hold gains may lead to another correction toward **$1,970**.
🔮 **Strategic Outlook:**
✅ If ETH flips $2,000 into support, expect further upside momentum.
❌ A rejection could trigger another round of selling pressure.
📢 **Bias: Cautiously bullish**—watch for confirmations before taking new positions!
ETH
2,808.67
-6.59%