$ETH • Short-term support level: 2300-2400 USD (historical dense transaction area, significant short covering pressure)

• ​​Rebound resistance level: 2800-3000 USD (near 15-week high, driven by institutional capital intervention)

​​Main market thrusts

1. ​​Short squeeze risk: Platforms like CME/AAVE have accumulated over 5 billion USD in short positions, and if forced liquidation occurs or triggers a chain reaction, it could push prices above 3000 USD in the short term.