Ether is experiencing a significant short squeeze, according to analysis, as its price increase could potentially reach $4,000 soon. The short squeeze could lead to the liquidation of $1 billion in shorts, further pushing Ether's price up by 10%. Ether has seen substantial market cap growth in July, with its price up by 20% in the past week and over 150% from its low in 2025. Meanwhile, Bitcoin is consolidating below $120,000, leading to capital inflows into altcoins like Ether and XRP. Bitcoin's dominance in the crypto market has dropped to 61.4%, its lowest level since March. Trading experts caution that if market conditions turn unstable, funds may move back to Bitcoin and stablecoins. Readers are advised to conduct their own research before making any investment decisions.
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