ETH just pulled an almost 20% move in 24 hours. 😳

But here’s the interesting part…

I don’t think it was simply “$ETH suddenly became bullish.”

A few things lined up at the same time:

→ ETH broke out of a long consolidation range
→ Spot ETH ETFs saw $189M inflows in one day
→ Short positions got squeezed as price moved higher
→ BTC also broke higher, bringing liquidity back into the whole market

And once ETH started moving, the leverage probably made the move much bigger.

That’s why these crypto rallies can look crazy on the chart.

Buying starts the move.
Shorts getting liquidated can accelerate it.

Now I’m more interested in what happens after the pump.

Can ETH hold these new levels, or was this mainly a leverage-driven breakout?

I’m watching the next 24–48 hours. 👀

$#ETH #Crypto #EthereumETF #defi #CryptoMarket