# ETH: Sweeping Shorts Before Final Flush

> Ethereum price drops as short sellers exit ahead of Fed speech.
- Title: ETH: Sweeping Shorts Before Final Flush · TradingView
- Summary: Ethereum price drops as short sellers exit ahead of Fed speech. Ethereum price falls after short sellers exit as macro conditions favor deeper market…
- Keywords: eth, shorts, fed, liquidity, priceaction, ethusdt, business, finance, Sweeping, Final, Flush, TradingView
- Source: TradingView — https://tradingview.com/chart/ETHUSDT/OsvjAgy5-ETH-Sweeping-Shorts-Before-The-Final-Flush
- Published: 2026-10-16T00:08:57+00:00
- Read time: 1 min
- Topics: eth, shorts, fed, liquidity, priceaction, ethusdt, business, finance
## ETH liquidity trap
Ethereum price drops as short sellers exit ahead of Fed speech.
## Macro environment
US PPI crushed estimates, 10-year yields above 5%, and oil elevated due to geopolitical tension.
## Fed speech impact
Fed Chair Warsh speech at 05:30 EST (09:30 UTC) expected to trigger high-probability volatility.
## Liquidity engineering
Thursday's dump into 2318 zone cleared sell-side liquidity below Tuesday and Wednesday lows.
## Key takeaway

Ethereum price falls after short sellers exit as macro conditions favor deeper market correction before potential rebound.