🚀🔥 ETH Blazes Past $4K as Shorts Take a Heavy Hit! 💥📈

💹 Market Snapshot

Ethereum has smashed through $4,200, marking its strongest rally since December 2021. Momentum is building fast with traders eyeing $4,400 and even higher targets.

📊 Current Price: $4,200 - $4,300

🎯 Next Target: $4,400 if resistance breaks

⚡ Market Impact & Sentiment

ETH short positions are being liquidated in huge numbers. A short squeeze could push prices to new highs very quickly.

🧠 What Analysts Are Saying

🔹 Short term: Staying above $4,200 could see ETH rally to $4,400 - $4,500 within hours.

🔹 Medium term: Analysts see $5,000 as a strong possibility in coming months, driven by ETF inflows and institutional demand.

🔹 Long term: Bullish forecasts put ETH between $7,000 and $11,800 fueled by adoption and smart contract dominance.

🔹 Technicals: ETH recently tested the $4,300 - $4,340 supply zone and faced rejection. Watch for possible pullback toward $4,177 support.

💡 Why This Matters for Traders

📌 Short squeeze = rapid upward move potential

📌 ETF & institutional demand = strong market foundation

📌 Supply zone rejection = risk of correction, so manage stops carefully

📈 Key Levels to Watch

Support: $4,200

Resistance: $4,300 - $4,340

Breakout Target: $4,400 - $4,500

🔥 Stay Ready, Stay Smart

ETH is in the spotlight with momentum building fast. Watch the charts, follow the money, and trade wisely.

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