@ngocnhu1
ETH update.
ETH just punched through the heavy short clusters around $3.2k–$3.3k, clearing the liquidity walls that were capping upside.
Over the past week, we’ve seen $500M+ in ETH short liquidations. Price is now trying to reclaim and hold above $3.3k.
Heatmap levels to watch:
Upside:
Above $3.5k is stacked with short liq. If we get there, a violent squeeze higher is very possible.
Downside:
Lose $3k and clustered longs likely get rinsed fast → acceleration to the downside.
Liquidity is packed on both sides.
ETH is setting up for a big move — direction depends on which side breaks first.
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