I’m seeing a very large short position get wiped near $1914.66, and price did not lose stability after that flush. The reaction looks decisive, indicating downside pressure was exhausted while demand absorbed the move.
Price is sustaining above the $1910 reaction area, keeping the structure constructive rather than compromised. Upward continuation is rebuilding as liquidation flow removes heavy selling weight from the range. Liquidity is positioned above $2050 and $2200, which often attracts price higher if participation remains active.
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I’m seeing a very large short position get wiped near $1914.66, and price did not lose stability after that flush. The reaction looks decisive, indicating downside pressure was exhausted while demand absorbed the move.
EP (Entry Price): $1948
TP1: $2015
TP2: $2128
TP3: $2295
SL (Stop Loss): $1845
Price is sustaining above the $1910 reaction area, keeping the structure constructive rather than compromised.
Upward continuation is rebuilding as liquidation flow removes heavy selling weight from the range.
Liquidity is positioned above $2050 and $2200, which often attracts price higher if participation remains active.
$ETH