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ETH Just Hit a 13-Month Low — Is This the Calm Before a $2.6B Short Squeeze? 🌌 What happens when Bitcoin drops below $60K and ETH touches territory not seen in over a year? 🛰️ Here’s the raw data: Bitcoin slipped under $60K, while Ethereum printed its lowest price in 13 months. That’s not noise — that’s a structural pressure point. On the flip side, short positioning on BTC has piled up to $2.6B in potential squeeze fuel. If momentum flips, that’s rocket fuel for a violent snap-back. Meanwhile, a quieter signal: hotel bookings now accepting USDC. That’s a real-world adoption drip that strengthens the stablecoin narrative — even if markets are bleeding. Bull case: The $2.6B short squeeze could ignite a rapid BTC recovery, dragging altcoins like $POND, $BABY, and $CLO higher. ETH’s low could mark a capitulation bottom. Bear case: Sub-$60K BTC and ETH at multi-month lows suggest liquidity is fleeing, not rotating. A squeeze may fizzle if macro pressure (rates, dollar strength) continues to dominate. Takeaway: The setup is coiled — heavy shorts vs. weakening price action. Watch for a liquidity grab before conviction returns. ✨ Disclaimer: Not financial advice. Do your own research. 📡 $BTC $ETH $USDC #CryptoMarkets #ShortSqueeze