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Ethereum Targets $2,800 as Post-CPI Surge and Whales Spark Short Squeeze

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The Story

News Summary

  • Ethereum surged toward $2,667 following U.S.
  • CPI data, supported by a 14% increase in transactions over $1 million and $250 million in short liquidations.
  • Bulls are now eyeing resistance at $2,700–$2,800, with $2,500 serving as key near-term support.
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ETHUSD price history

2522.66 +24.47% over the displayed period

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