Ethereum Shorts Are Getting Crushed: Could ETH Be Eyeing a New All-Time High?

Ethereum’s recent price trajectory has caught the attention of traders and analysts, as the asset extends its bullish rally well into today. With the price currently hovering around $3,420, Ethereum has registered a daily gain of 7. 7% and a weekly surge of more than 23%. The momentum follows a decisive breakout above the $3,000 level earlier this week, sparking renewed optimism across the derivatives and spot markets source: https://www.newsbtc.com/news/ethereum/ethereum-shorts-are-getting-crushed-could-eth-be-eyeing-a-new-all-time-high/