<ul data-eligibleForWebStory="true"><li>Ethereum (ETH) has surged from $2,111 to $2,515 between June 12 and June 25, sparking hopes of breaking the $3,000 barrier.</li><li>Positive funding rates, a potential short squeeze, and increased ETH inflows to Binance have accompanied Ethereum's recent rally, suggesting a shift in market dynamics.</li><li>The rise in funding rates may elevate the risk of a short-term price pullback if long positions become overextended, as highlighted by the data showing majority liquidations were long positions.</li><li>While a short-term correction may be possible, technical analysis indicates ETH could potentially surpass the $2,800 resistance level and reach a new all-time high, although bearish predictions suggest a revisit to lower levels around $1,700 to $1,950.</li></ul>

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

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