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Alert: $ETH rebound is most likely a short squeeze, not a reversal❗
PPI and CPI are hotter than expected, rate hike expectations are raised, 10-year US Treasury yield approaching 5%.
$BTC momentum is weak, ETF outflows of 450 million over three days, 76,000 support under pressure. ETH is rising against the trend, a short covering leverage play, not a return of bulls. Robinhood trading volume surges, retail investors enter, but the main players are retreating.
