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Ethereum breaks $2,700 with whale buying and short squeezes boosting momentum.

Technical Signals
21 Sep 2026
AMBCrypto
View Source
Bullish
Ethereum breaks $2,700 with whale buying and short squeezes boosting momentum.

Ethereum recently broke above $2,700, driven by strong buying from large holders (whales) and short sellers being forced to cover positions. This surge was supported by increased trading volume and a stable RSI below overbought levels, indicating room for further gains. Whale accumulation and reduced sell supply strengthen the breakout, but sustained spot demand above $2,700 is needed to maintain momentum and target $2,760. A drop below $2,600 could weaken the bullish trend.

Ethereum trades at Rp48.628.953 on Pluang as of Sep 21, 2026 19:21 WIB, showing a strong 1-day gain of 6.51%. Despite this rise, the platform records a higher sell order activity at 75%, compared to 25% buy orders. The market cap stands at Rp5.912,42 trillion, reflecting significant investor interest in Ethereum currently.

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