Ethereum is being shorted more and more

The number of short positions has increased by 40% per week and by 500% from November 2024.

😦 As The Kobeissi Letter analysts write:
“Never in history have Wall Street hedge funds shorted so much Ethereum.”

We believe in Vitalik and that he has a plan 🙏

But at the same time 📊 ETH ETF dominates BTC ETF

According to Lookonchain data, inflows over the last 7 days were:
▪️ BTC ETF – +355 BTC ($34.58 million)
▪️ ETH ETF – +142,958 ETH ($379 million)

As a result, the influx into Ethereum turned out to be 10 times greater than in Bitcoin. Funds, after all, take advantage of the weakness of the ether to gain as much of the bag as possible 🤑

I think now is a good time for a short squeeze. What do you think?