Ethereum Rebounds Strongly as Shorts Get Wrecked, ETH Eyes a New ATH?
The post Ethereum Rebounds Strongly as Shorts Get Wrecked, ETH Eyes a New ATH? appeared on BitcoinEthereumNews.com. The Kobeissi Letter has disclosed that the recent performance of Ethereum (ETH) has seen net short exposure reaching an all-time high. Ethereum is also expected to sustain this momentum to reach $4,000 as institutional investors get involved. In a previous analysis, CNF discussed Ethereum’s (ETH) potential to hit $3,000 and its ability to target the $4,000 level soon. In that report, we predicted that the asset could easily take the market by storm once it breaches the $2,700 level decisively. At that time, ETH held above the $2,500 price point while declining from 70 to 66 on the Relative Strength Index. Today, ETH has successfully “cleared” most available hurdles to trade above $3,600. Not just that. It has also recorded an impressive run of 44% on its monthly price chart, rising from $2,116 within the period. Update on Net Leverage Short on Ethereum (ETH) Commenting on this resounding performance, The Kobeissi Letter, a popular commentator in global capital markets, highlighted that ETH has added a staggering $150 billion in market capitalization since July 1. In an X thread, the Kobeissi Letter explained that there has also been a historic short squeeze since the beginning of the month, with much of it being institutional capital. The post also reveals that the net short exposure was significantly high when heading into July. Specifically, it was around 25% up from the level witnessed in February 2025. Source: The Kobeissi Letter on X Fueling the “already raging short-squeezed fire”, President Donald Trump’s World Liberty Financial (WLF) was reported to have added $5 million worth of ETH in the last 24 hours. This is different from the 14,403 ETH previously purchased by the company. According to The Kobeissi Letter, another 10% surge in ETH’s price could see another $1 billion of shorts being liquidated. What…
The post Ethereum Rebounds Strongly as Shorts Get Wrecked, ETH Eyes a New ATH? appeared on BitcoinEthereumNews.com.
The Kobeissi Letter has disclosed that the recent performance of Ethereum (ETH) has seen net short exposure reaching an all-time high. Ethereum is also expected to sustain this momentum to reach $4,000 as institutional investors get involved. In a previous analysis, CNF discussed Ethereum’s (ETH) potential to hit $3,000 and its ability to target the $4,000 level soon. In that report, we predicted that the asset could easily take the market by storm once it breaches the $2,700 level decisively. At that time, ETH held above the $2,500 price point while declining from 70 to 66 on the Relative Strength Index. Today, ETH has successfully “cleared” most available hurdles to trade above $3,600. Not just that. It has also recorded an impressive run of 44% on its monthly price chart, rising from $2,116 within the period. Update on Net Leverage Short on Ethereum (ETH) Commenting on this resounding performance, The Kobeissi Letter, a popular commentator in global capital markets, highlighted that ETH has added a staggering $150 billion in market capitalization since July 1. In an X thread, the Kobeissi Letter explained that there has also been a historic short squeeze since the beginning of the month, with much of it being institutional capital. The post also reveals that the net short exposure was significantly high when heading into July. Specifically, it was around 25% up from the level witnessed in February 2025. Source: The Kobeissi Letter on X Fueling the “already raging short-squeezed fire”, President Donald Trump’s World Liberty Financial (WLF) was reported to have added $5 million worth of ETH in the last 24 hours. This is different from the 14,403 ETH previously purchased by the company. According to The Kobeissi Letter, another 10% surge in ETH’s price could see another $1 billion of shorts being liquidated. What…
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