Ethereum Price Prediction: ETH Eyes $2,250 After Confirmed Short Squeeze

Author: Alejandro Arrieche

Published: February 25, 2026

Key Highlights

• Ethereum (ETH) has surged over 10% in the last 24 hours, driven by significant short liquidations.
• Short liquidations exceeded $300 million, indicating a potential short squeeze as ETH surpassed the $2,000 mark.
• The $1,800 level is identified as a critical support zone, with a strong reaction confirming high buy order volumes.
• Trading volumes reached $21 billion, representing nearly 9% of ETH's circulating market cap.

Market Analysis

The recent spike in short liquidations is the highest since February 5, when ETH rebounded from $1,800. This suggests that the current price movement may signal the beginning of a trend reversal. Analysts are eyeing the $2,250 level as the next target, with a potential move towards $3,000 if positive momentum continues.

Technical Indicators

The Market Value to Realized Value (MVRV) ratio has shown early signs of a buy signal, indicating a possible trend reversal. Historically, divergences between this on-chain metric and price action have preceded shifts in market trends. The daily Relative Strength Index (RSI) has also moved above its 14-day moving average, further supporting the bullish outlook.

Price Targets

If the upward trend persists, ETH could target $2,250, representing a 9.2% upside potential. A successful break above this level could lead to a rally towards the 200-day exponential moving average (EMA) at $3,000. However, maintaining support above $1,800 is crucial; a drop below this level could trigger a deeper correction to $1,600.

Conclusion

Recent market sentiment has shown signs of extreme negativity, which, combined with depressed social volumes, suggests that a local bottom may be near. The confluence of technical indicators and market dynamics points towards a potential bullish reversal for Ethereum, making it a key asset to watch in the coming days.