🚀 Ethereum to $4.4K? This Hidden Bull Signal Could Trigger a Lightning Rally

Ethereum's price action just flashed a stealthy bullish indicator—one that historically precedes explosive moves. Traders scrambling to decode the charts might be staring at the setup for a violent upside squeeze.

The Whisper Before the Storm

On-chain metrics and derivatives data are aligning in a pattern last seen before ETH's 2024 breakout. Liquidity pools show thin resistance up to $4,400—a target now in play if this signal holds.

Leverage Fuel on the Fire

Perpetual swap funding rates remain oddly subdued despite spot accumulation. This divergence often foreshadows a short squeeze capable of launching parabolic rallies in days, not weeks.

Caveat Emptor

Of course, Wall Street's 'technical analysts' will only notice this signal after the move happens—just in time to recommend buying the top. For once, crypto's retail traders might have the edge.

This makes the $4,400 a logical price magnet for the ongoing rally.

"If the momentum in the market is strong enough to get through $4,000, we see dealers also become net buyers of ETH at higher prices, potentially leading to a quick rally to $4,400, the next big gama inventory level," Greg Magadini, director of derivatives at Amberdata, told CoinDesk.