Bybit Buying ETH! Is a Short Squeeze Possible?

Ethereum just pulled off an unexpected 7% weekend rally—even after Bybit suffered a $1.4 billion hack last Friday. But with $50 billion in open short positions stacked between $2,800 and $4,200, the real question is: Is ETH about to break out, or are we heading for another rejection? 🤑 Sign Up Now for Exclusive Deals & Start Trading Today 🚀 🥇 CoinCatch $150 Sign Up Bonus + Trade to Earn up to $4k Bonus: 👉https://go.coinbureau.com/aaroncoincatch 🥈 Toobit: $9K Bonus 👉https://go.coinbureau.com/aarontoobit 🥉 Bybit: $6k Bonus 👉https://go.coinbureau.com/aaronbybit 🛒 Get The Hottest Crypto Deals 👉 https://www.coinbureau.com/deals/ ♣️ Join The Coin Bureau Club 👉 https://hub.coinbureau.com/ 📺 Check out my dedicated trading channel 👉 https://www.youtube.com/@MooninPapa 🔗 Altrady (Get 12% off with code 'coinbureautbt'): https://app.altrady.com/a/coinbureautbt In this breakdown, I analyze Ethereum’s key resistance levels, the impact of Bybit’s massive 266,000 ETH purchase, and why sentiment is overwhelmingly bearish despite bullish signals on the charts. I’ll also cover: ✅ Ethereum’s RSI reset & TBO signals—is momentum shifting? ✅ The massive liquidation heat map—is a GameStop-style short squeeze possible? ✅ How I’m positioning my ETH trades and what I expect next for price action With Ethereum at a major decision point, this could be the ultimate comeback story—but $3K remains the key battleground. Watch to see why I remain bullish, how I’m trading this move, and what signs I need to see for confirmation of the next rally. 📖 Chapters 📖 00:00 Bybit bought around $700 million ETH 00:52 ETH Resistance Analysis, and how strong is $3,000? 04:02 Indicator analysis with RSI and OBV 04:48 TBO and TBT Divergence Bullish Signals 07:25 What if ETH has a Game Stop-style Short Squeeze? 🔥 Exclusive Resources Just for You 🔥 📈 The Ultimate Indicator for Crypto Trading Looking for a game-changing tool to help you spot crypto pumps and reversals before they happen? I use the TBO (Trending Break Out) indicator, which has recently delivered returns like 286%, 64%, 30%, 125%, and more. 👉 Learn more and gain access: https://www.thebettertraders.com/tbo 🏆 Join The Better Traders Club Want to trade like a pro? Get exclusive access to my Watchlists, Trade Setups, and Advanced Trading Tools that can give you an edge in the market. Join our community and elevate your trading skills: https://www.thebettertraders.com/club 🎓 Crypto Trading Education Ready to take your trading to the next level? Whether you’re into automated bot trading, active scalping, or swing trading, our courses cover it all. Get started with proven strategies designed to turn you into a trading powerhouse 💪 👉 Check out our courses: https://www.thebettertraders.com 💯 Stay Connected Stay on top of all things crypto by following me across all platforms. Click here for easy access to my Discord, Twitter, Instagram, TikTok, and more: https://linktree.com/aarondishner I regularly share market insights, updates, and exclusive content. 🔔 Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.