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Reem Era🪐💎
This isn’t a fundamental reversal—it’s a classic chip squeeze.
ETH was heavily shorted, while exchange balances hit multi-year lows, spot ETFs kept seeing inflows, and available supply was extremely tight. Once ETH broke key resistance, shorts rushed to cover, fueling a sharp squeeze.
So why couldn’t $2,600 hold? Three fatal factors.
$ETH $BTC $ZEC
#本周FOMC揭晓，加息能否落地？ #AI发展焦虑升温，芯片股集体走弱 #沙特关键输油管道受损，或停运数周
#FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged
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