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#Gate广场四月发帖挑战
Wake up to a short squeeze, longs trapped
As of April 8, 2026, Ethereum (ETH) experienced a violent surge due to easing geopolitical tensions, with the current price around $2,260 (24h increase of over 8%), breaking through the previous trading range upper boundary. Market sentiment has shifted from extreme fear to greed, but technical indicators face short-term overbought pressure.
📈 Key levels and trends
Current status: Price broke through the $2200–$2260 range, moving away from $2000