🔥 $ETH LIQUIDATION PRESSURE IS BUILDING
🟢 just recorded a $6.6656K short liquidation at $1,916.50, showing that bears are getting squeezed as price pushes against their positions. This kind of liquidation can create additional momentum if buyers continue defending the lower zone.
📍 Support: $1,900–$1,916
🚧 Resistance: $1,940–$1,960
🎯 Next Target: $1,980, followed by $2,000 if momentum strengthens.
If $ETH reclaims and holds above $1,960 with strong volume, the short squeeze could accelerate. But failure to hold $1,900 could bring renewed selling pressure.
💡 Pro Tip: Don’t chase the first spike. Watch volume, liquidation flow, and confirmation above resistance before taking a position. Manage risk because liquidation-driven moves can reverse quickly.
bulls have a level to prove. 🔥$ETH #Treasury yields hit 19-year high #Anthropic IPO timeline update #AI research automation milestone #Global bond yields surge #BTC large short positions near liquidation