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Ether short positions surge 13,000% as price nears $2,800 resistance zone

Technical Signals
28 Sep 2026
Tokenpost
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Neutral
Ether short positions surge 13,000% as price nears $2,800 resistance zone

Short positions on Ether (ETH) increased dramatically by about 13,000% in two weeks, rising from just over 771 ETH to more than 101,000 ETH as the price approached a resistance zone between $2,722 and $2,822. Despite this, ETH only fell about 1.5% after briefly moving above $2,800. A sustained move above $2,800 could force short sellers to buy back ETH, potentially increasing demand, but it is not yet clear if a short squeeze or a move toward $3,000 is underway. Around 35.66% of ETH supply is staked and unavailable for trading, adding another factor to watch. The key market test remains whether ETH can hold above $2,800 to confirm any bullish momentum.

Ethereum is trading at Rp47.635.862 on Pluang, down 1.94% in the last day. As of Sep 28, 2026 16:21 WIB, the platform shows a market cap of Rp5.804,97 trillion and a 61% buy order activity, indicating steady investor interest despite recent price pressure.

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