Bitcoin and Ethereum Short Squeeze Alert for April: Potential to Skyrocket
Short Squeeze Alert for Bitcoin and Ethereum
Cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) are demonstrating signs of a potential short squeeze in the market after a recent correction.
Bitcoin's Short Squeeze Potential
Bitcoin could soar to $75,000 with a short squeeze, presenting a 7% gain opportunity from the current price of $70,000. The liquidation heatmap indicates significant liquidity pools above $74,000.
Ethereum's Short Squeeze Alert
Ethereum's liquidity pools suggest a 17% rally potential to nearly $4,150 from the current price of $3,550.
BlackRock's interest in an Ethereum tokenization fund could further boost growth but market dynamics remain uncertain.
Investors should be cautious of short-term losses amidst market volatility.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.