🔥 Ethereum Breaks All-Time High Above $4,900 — Short Squeeze Season Begins? 🔥
Ethereum ($ETH) has finally smashed past its 2021 ATH, surging above $4,900 before cooling to around $4,655. 📈
⚡ Key Highlights:
ETH up 8.2% in 7 days, most holders back in profit ✅
Institutional inflows driving momentum (ETFs + $6B ETH buy from Tom Lee’s Bitmine) 🏦
ETH market cap now $557B vs. BTC whales still stacking 🐋
Breakout triggered a massive short squeeze on Binance — bearish traders forced to buy back 🔥
Analysts call this the start of “short squeeze season” for ETH 🚀
💡 Why it matters:
Ethereum is no longer just Bitcoin’s sidekick. With DeFi, ETF approval, and big-money buys, ETH is positioning as a serious institutional asset.
📊 Outlook:
Analysts expect ETH & BTC to push further highs into 2025 — but warn of a potential correction by late 2025 / early 2026.
👉 Is this just the beginning of ETH’s run to $5,000+ or will shorts strike back?
