Ether saw the biggest small position of the day, which is on Frieds in all crypto esties, as this price is more than $ 4,000, with some analysts it is becoming a platform for a small sex.
Rali took Eric Trump, son of US President Donald Trump, a jaw on the traders of recession.
$ 4.1k is now important for “short squez”, trader says
“It puts a smile on my face that Ath shorts smoke today.
According to co -operating, on Friday, the small position of about $ 105 million in the Ether (Ath) short posits was the first level of $ 4,000 for the Ceenish December 2024.
The price of ether increased as a day as $ 4,060, representing a 4.6% increase in the last 24 hours, eating Nansen before returning to $ 4,015 at the time of publication.
Crypto businessman Ash Crypto stated that the actual test would be a level of $ 4,100, which he called a “major resistance”.
“If Ethi breaks $ 4100, it can trigger a small squeeze that will send $ 4400- $ 4500 in a few hours,” Ash Crypto said.
Ether optimism is increasing in Crypto industry
Crypto Treder Ted said, “This has been a rapid boat in my opinion,” pointing to the growing institutional interest in Ether and the ETOR ETF.
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In the last four trading days, Spot Ether ETF has seen around $ 537 million in inflow, united for data.
Recently, there have been some major value predictions for ether. After this it was ahead of $ 4,000, the Crypto trader mustache said, “I know it seems wild, but I think ETH will go up to $ 10,000+.”
Meanwhile, Fundstrat’s co-founder Tom Lee said on Thursday that Ether is near its “Bitcoin 2017 Moment” and could reach $ 16,000.
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