logo

Analysis: Ethereum is about to see a record short squeeze and will soon rise to $4,000

By: odaily.com|2025/07/19 20:11:42
0
Share
copy

Odaily News The Kobeissi Letter said in its latest analysis released on Friday that ETH/USD will soon hit $4,000. Ethereum is currently brewing a short squeeze that is rare in crypto history. If the price rises another 10%, $1 billion worth of short positions will be liquidated. The liquidation of short positions may push the price of ETH to rebound to $4,000. Ethereum is currently priced at $3,553, and its recent price trend has been called making history. ETHs rise has triggered a record short squeeze. Kobeissi said that as the largest altcoin by market value, Ethereum is punishing shorts at an extremely rare rate. (Cointelegraph)

-- Price

--

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

01:42

Data: 27,900 SOL transferred from an anonymous address, flowing into degen-retard.sol after being routed

According to Arkham data, at 00:38, 27,900 SOL (worth approximately $2.5 million) was transferred from an anonymous address (starting with GN9CFx...) to degen-retard.sol. Subsequently, that address transferred all the SOL to another address (starting with JAiC8R...).
01:42

Data: 26.0995 million ENA transferred from an anonymous address, valued at approximately 2.418 million USD

According to Arkham data, at 00:45, 26,099,500 ENA (worth approximately $2.418 million) was transferred from one anonymous address (starting with 0xec0D...) to another anonymous address (starting with 0x18D2...).
00:42

Magic Eden: Plans to increase the buyback and staking dividend ratio of ME tokens to 30% of core revenue

The multi-chain trading platform Magic Eden announced that it will increase the core revenue ratio used for ME token buybacks and staker dividends from the previous 15% to 30% in the third quarter.
00:42

Iran denies that the speaker is negotiating with the United States

According to a report by CCTV International News cited by Jinshi, Iranian media such as Tasnim News Agency reported today (March 23) that Iran denied that the Speaker of the Iranian Islamic Consultative Assembly, Qalibaf, is participating in negotiations with the United States.Earlier, a reporter fr...
00:42

Data: In the past 24 hours, the entire network has liquidated 836 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 836 million USD, with long positions liquidating 438 million USD and short positions liquidating 398 million USD.The liquidation amount for BTC reached 261 million USD, and for ETH, it...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com