ETH/USD’s rollback may be temporary: mounting short liquidations, improving on-chain metrics and macro liquidity could catalyze a rebound toward $4,500. Watch derivatives flows and key support.
Ether’s recent surge to a 15-week high has prompted discussions about the potential impact of $1.8 billion in short liquidations. Analysts speculate whether this market momentum could propel ETH past the $3,000 mark, reshaping investor strategies.