Ethereum’s All-Time High Sparks Short Squeeze Season—What Comes Next?
Ethereum has achieved a new milestone by surpassing its previous all-time high set in 2021, climbing above $4,900 before a slight correction. At the time of writing, ETH trades around $4,655, representing an 8.2% gain over the past week. This rally comes after three years of consolidation below its former peak, marking a significant moment for the second-largest cryptocurrency by market capitalization. Unsurprisingly, Ethereum’s upward momentum has also shifted market sentiment, placing most ETH holders back in profit. The latest movement has been tied not only to retail activity but also....
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