Ethereum Nears $2,650 Amid Rising Volume and Potential Short Squeeze Pressure

The post Ethereum Nears $2,650 Amid Rising Volume and Potential Short Squeeze Pressure appeared on BitcoinEthereumNews.com. Ethereum’s recent surge past the $2,600 mark signals a robust bullish momentum, driven by increased trading volume and a significant short squeeze. The cryptocurrency’s price action invalidates previous bearish setups, reflecting growing institutional interest and a strengthening market structure. According to COINOTAG, Ethereum’s breakout above $2,575 has intensified short squeeze pressure, positioning ETH for potential further gains. Ethereum breaks key resistance at $2,600 amid rising volume and short squeeze, signaling renewed bullish momentum and strong institutional demand. ‘, ‘

Jul 6, 2025 - 13:00
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Ethereum Nears $2,650 Amid Rising Volume and Potential Short Squeeze Pressure

The post Ethereum Nears $2,650 Amid Rising Volume and Potential Short Squeeze Pressure appeared on BitcoinEthereumNews.com.

Ethereum’s recent surge past the $2,600 mark signals a robust bullish momentum, driven by increased trading volume and a significant short squeeze. The cryptocurrency’s price action invalidates previous bearish setups, reflecting growing institutional interest and a strengthening market structure. According to COINOTAG, Ethereum’s breakout above $2,575 has intensified short squeeze pressure, positioning ETH for potential further gains. Ethereum breaks key resistance at $2,600 amid rising volume and short squeeze, signaling renewed bullish momentum and strong institutional demand. ‘, ‘

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