Ethereum’s $7B Short Squeeze to Accelerate Rebound: PEPENODE Rides the Hype

Ethereum’s $7B Short Squeeze to Accelerate Rebound: PEPENODE Rides the Hype

Quick Facts: ➡️ Ethereum lost 13% in recent weeks, falling as low as $3,055, creating the perfect conditions for a projected $7B short squeeze. ➡️ Ethereum’s short squeeze could drive major price recovery, boosting overall market sentiment and drive $ETH’s price even higher. ➡️ PEPENODE introduces a gamified, virtual mining system, allowing users to mine […]


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Ethereum is forming a short-term trend, which is also a wave of a medium-term flat. The price has approached the top limit of that flat. Will there be a downward rebound? On Friday, we found the level of $14, where Ethereum’s price formed a turn to decline within a correction toward the whole upward movement, which started at $10. There were short rebounds within that medium-term movement, which means that the downward movement is highly limited. A flat usually forms under such limiting circumstances. The market will choose the future medium-term direction while inside that flat. A drop to....