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๐จ ETH Up 30% โ But Shorts Won't Back Down!
Ethereum has recovered 30% from its February lows, yet investors are still aggressively shorting โ they're unconvinced by this rally.
But here's what history tells us ๐: When shorts refuse to let go during a recovery, it has NOT ended quietly in the past. Before this current 30% bounce, ETH suffered a 65% decline โ and stubborn short positioning during recoveries has often led to explosive moves.
This creates a classic setup: ๐ธ Heavy short positions = fuel for a squeeze ๐ธ If momentum continues, shorts get forced out ๐ธ The result? A sharp, fast move upward
Are we setting up for a massive short squeeze? Or will ETH roll over again? The data says stubborn shorts rarely walk away quietly โ this could get volatile fast! ๐ฅ
What's your play on ETH right now? Long, short, or watching from the sidelines? Drop your thoughts below! ๐
โ@Gate_Square #GateSquare #ETH #Ethereum #ShortSqueeze