I’m seeing short positions get squeezed near $1981.46, and price stayed firm instead of rolling over after that move. That reaction shows sellers were absorbed while buyers kept control of the level.
Price is holding above $1980, preserving a constructive structure. Upside pressure is strengthening as liquidation removes downside weight from the move. Liquidity sits near $2100 and $2220, which can attract continuation.
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I’m seeing short positions get squeezed near $1981.46, and price stayed firm instead of rolling over after that move. That reaction shows sellers were absorbed while buyers kept control of the level.
EP: $1998
TP1: $2055
TP2: $2140
TP3: $2275
SL: $1905
Price is holding above $1980, preserving a constructive structure.
Upside pressure is strengthening as liquidation removes downside weight from the move.
Liquidity sits near $2100 and $2220, which can attract continuation.
$ETH