Ethereum SHORT SQUEEZE INCOMING ?
Funding turned negative across CEXs and DEXs during the dump, while $ETH bounced from $2,406 to $2,495.
Now price has hit its 4Hr MA7 near $2,496. This level is key 👀
•Hold $2,450 → $2,576 next
• Reclaim $2,580 → $2,650–$2,700
• Lose $2,405 → $2,357 retest
Binance funding is slightly positive again:
• BTC : +0.0066%
• ETH : +0.0011%
The bounce is real, but the reversal isn't confirmed yet.
When everyone’s shorting, a squeeze can surprise them. Don’t chase shorts into support!
#Macro Insights#
Funding turned negative across CEXs and DEXs during the dump, while $ETH bounced from $2,406 to $2,495.
Now price has hit its 4Hr MA7 near $2,496. This level is key 👀
•Hold $2,450 → $2,576 next
• Reclaim $2,580 → $2,650–$2,700
• Lose $2,405 → $2,357 retest
Binance funding is slightly positive again:
• BTC : +0.0066%
• ETH : +0.0011%
The bounce is real, but the reversal isn't confirmed yet.
When everyone’s shorting, a squeeze can surprise them. Don’t chase shorts into support!
#Macro Insights#