ETH Ethereum could explode soon
There is over $2.2 billion in short positions near $3,000.
If the price rises, those positions could be liquidated = forced buys = additional increase. š
At the same time, Circle ($CRCL) has just gone public. Wall Street is showing interest in stablecoins.
š” Here's how everything connects:
š¹ $CRCL = stablecoins in traditional finance