Ethereum Short Positions Skyrocket, Providing Fuel for the Next Parabolic Surge

Ethereum Short Positions Skyrocket, Providing Fuel for the Next Parabolic Surge

Ethereum’s intense uptrend seen throughout the month of February has stalled after the crypto faced a firm rejection at $290, which subsequently sparked a retrace that led ETH down to lows of $240, where it was able to find some notable support.
Despite being able to climb from these lows, the crypto’s parabolic rally has turned into a bout of sideways trading, and this is leading the number of…

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