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🚨 ETH Up 30% — But Shorts Won't Back Down!
Ethereum has recovered 30% from its February lows, yet investors are still aggressively shorting — they're unconvinced by this rally.
But here's what history tells us 📊: When shorts refuse to let go during a recovery, it has NOT ended quietly in the past. Before this current 30% bounce, ETH suffered a 65% decline — and stubborn short positioning during recoveries has often led to explosive moves.
This creates a classic setup: 🔸 Heavy short positions = fuel for a squeeze 🔸 If momentum continues, shorts get forced out 🔸 The result? A sharp, fast move upward
Are we setting up for a massive short squeeze? Or will ETH roll over again? The data says stubborn shorts rarely walk away quietly — this could get volatile fast! 🔥
What's your play on ETH right now? Long, short, or watching from the sidelines? Drop your thoughts below! 👇
@Gate_Square #GateSquare #ETH #Ethereum #ShortSqueeze