$ETH Ethereum just delivered the largest short liquidation in the entire crypto market on Friday, blasting through the $4,000 level and putting bears on notice. Analysts say this could be the start of a massive short squeeze.
The Numbers:
$105M in ETH shorts were liquidated — accounting for 53% of all crypto short liquidations that day.
ETH surged to a high of $4,060 before easing to around $4,015.
In total, $129.16M in ETH positions were liquidated over 24 hours (CoinGlass).
Even Eric Trump Chimed In:
On X, Eric Trump wrote: “Stop betting against BTC and ETH — you will be run over.”
Key Level to Watch:
Trader Ash Crypto highlights $4,100 as a crucial resistance point.
A clean breakout could trigger a rapid move toward $4,400–$4,500.
Bullish Sentiment is Surging:
Trader Ted says, “It’s never been this bullish,” pointing to increasing institutional demand and spot ETH ETF activity.
Over the past four days, spot ETH ETFs have seen $537M in inflows (Farside data).
Bold Predictions:
Trader Moustache believes ETH could reach $10K+.
Fundstrat’s Tom Lee predicts ETH could hit $16K, calling this its “Bitcoin 2017 moment.”
Bottom Line:
With ETF inflows climbing, institutional interest heating up, and shorts getting squeezed, Ethereum’s weekend price action could be explosive — especially if $4,100 breaks
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