Ethereum price climbs toward $1,800 as short squeeze and risk-on rally gather pace
The post Ethereum price climbs toward $1,800 as short squeeze and risk-on rally gather pace appeared on BitcoinEthereumNews.com. Ethereum price has rebounded to nearly $1,800 after easing geopolitical tensions and an aggressive short squeeze across crypto derivatives restored appetite for risk assets, while traders now watch whether bulls can force a breakout above a key technical ceiling. Summary Ethereum price has climbed back toward $1,800 as easing geopolitical tensions triggered a sharp short squeeze. Technical indicators favor bulls, with ETH reclaiming $1,750 and testing resistance near $1,800-$1,833. Analysts see scope for a move toward $1,900, though failure to hold $1,750 could revive bearish pressure. The second-largest cryptocurrency has recovered sharply from this week’s low near $1,505, when U.S. strikes on Iranian targets triggered a broad sell-off across digital assets. Sentiment reversed over the past 24 hours after fears of further escalation subsided, prompting inves