【Analysis: Short Sellers Face 'Punishment' Which May Propel ETH to $4000 Yearly High】Golden Finance reports that the Kobeissi Letter has released the latest analysis indicating that ETH/USD may soon reach $4,000. As the largest altcoin by market capitalization, ETH is punishing short positions at an unprecedented rate, and the market is witnessing one of the largest short squeezes in cryptocurrency history. Data analysis suggests that if Ethereum rises another 10%, an additional $1 billion in short positions will be liquidated.