✨ Short Squeeze Possible on ETH
The volume of open interest in ETH on Binance exceeds $10 billion, and the number of short positions across the market has grown by 500% since November 2024.
➕ In the last week alone, the number of shorts has increased by 40%.
If the bullish sentiment continues, then at some point we may see a big momentum in Ethereum, which will be triggered by short liquidations.
Be careful with short positions now 🫣$ETH