<ul><li>Ethereum (ETH) has created two Chicago Mercantile Exchange (CME) gaps at $3,000 and $2,600 due to the recent pullback in the cryptocurrency market.</li><li>Analysts believe that a short squeeze could push the price of Ethereum beyond $3,000, potentially filling these two CME gaps.</li><li>A short squeeze occurs when traders who have bet against an asset are forced to buy back their positions as the price rapidly rises due to unexpected bullish momentum.</li><li>While there are multiple bullish signs for ETH, the overall sentiment surrounding the digital currency remains low.</li></ul>

Can A Short Squeeze Send Ethereum To $3,000? Analysts Discuss Where ETH May Be Headed

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