Honestly, the ETH setup caught my attention today 👀
Shorts are apparently around 73K ETH now, which is the highest level in about 51 months. That’s a lot of people betting on the price going down.
I’m not trying to predict what happens next, but I always find this kind of positioning interesting. If ETH starts moving the opposite way, things could get pretty crazy with shorts getting squeezed.
For now I’m just watching and waiting. Let’s see what ETH does 😅 $ETH
$ETH $BTC