Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
$ETH
The large short liquidation at $2274.99 confirms a powerful bullish impulse that forced bears to close positions rapidly, reinforcing upside momentum. ETH is now holding above a strong structural support zone near $2240, which previously acted as resistance. As long as this level remains intact, continuation toward immediate resistance at $2350 is highly likely. A clean breakout above $2350 could open the door toward the next upside target around $2480–$2550 where heavier selling pressure may emerge. Volume flow supports strong buyer participation after the squeeze. If support near $2240 fails, a corrective pullback toward $2150 could occur before renewed strength. Overall structure favors bullish continuation following leverage reset. $ETH