Top Gainer and Market Trend: Ethereum's Short Squeeze
$ETH is making waves, recently surpassing the $4,000 mark and leading to a massive short squeeze! On Friday, over $105 million in Ether short positions were liquidated, accounting for more than half of the total short liquidations across the entire crypto market. This significant price movement, which hasn't been seen since late last year, has some analysts speculating about a potential short squeeze that could push the price even higher.
This event shows the power of market momentum and serves as a strong reminder of the risks of betting against major cryptocurrencies like $BTC and $ETH