Bitcoin, Ether set for squeeze as traders go record short ETH at $4.3K

Bitcoin and Ether draw late shorts as price action begins to target liquidation clusters after a cross-crypto price drawdown.

Key points:

Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins.

Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group.

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