$ETH saw around $376K in short liquidations at $2,488.58, signaling intensified upside pressure as leveraged bearish positions were forced to close just below the key $2,500 level.
Key Levels
Current Trigger: $2,488.58
Support: $2,475
Major Support: $2,450
Resistance: $2,500
Next Target: $2,550
Holding above $2,475 keeps the short-term momentum bullish; a clean break above $2,500 could trigger another wave of short liquidations toward $2,550.
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