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Ethereum’s (ETH) Price: Short Squeeze Setup Brewing as Bears Go All In

CoinCentral·September 28, 2026·1 min read
Ethereum’s (ETH) Price: Short Squeeze Setup Brewing as Bears Go All In

ETH trades at $2,652, holding above its 50, 100, and 200-day EMAs. RSI sits at 59, showing mild bullish bias without overbought conditions. Bitfinex short positions on ETH jumped roughly 13,000% in two weeks, according to Coin Bureau. Whale wallets added over 320,000 ETH in a week, worth close to $864 million.

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