Ethereum Faces a Surge in Short Positions: Is ETH Price Aiming for a Bearish Comeback?

The post Ethereum Faces a Surge in Short Positions: Is ETH Price Aiming for a Bearish Comeback? appeared first on Coinpedia Fintech News

Ethereum (ETH) is currently experiencing consolidation, with its price fluctuating between $2,700 and $2,600 over the past three days. Although the price movement is confined to this range, there has been a significant spike in activity within the Ethereum derivatives market, marked by an increase in positions by short sellers. Ether ETPs Surpass Bitcoin in …