Analysis: Shorts face "punishment" that may push ETH to a high of $4000 for the year

Crypto 7x24

2025-07-19 20:26:20

1.53W

Internet reports that Kobeissi Letter released the latest analysis showing that ETH/USD may soon reach US$4,000. As the largest altcoin with a market value, ETH is punishing short positions at an unprecedented rate, and the market is witnessing one of the largest short squeezes in cryptocurrency history. Data analysis believes that if Ethereum rises another 10%, an additional US$1 billion in short positions will be liquidated.

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