$ETH Ethereum (ETH) has recently experienced a significant increase in short positions, with hedge funds expressing bearish sentiments. According to reports, short positions on Ethereum have surged by 500% since November 2024, reaching new highs. This surge in short selling has added downward pressure on Ethereum's price. For instance, on March 12, 2025, a whale who shorted 5,000 ETH at a price of $1,917 incurred a loss of $489,000 when the price increased by 5% to $2,015.
On a resistance to break it's all time high. . . Be ready š
_WHO AM I_
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Bullish
$PEOPLE Based on current price action, technical indicators, and market structure, hereās a possible price projection for PEOPLE/USDT over the next 14 days.