Traders predict $3,800 Ethereum, but multiple data points suggest otherwise
Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes. Go to Source Powered by WPeMatico
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Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes. Go to Source Powered by WPeMatico
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments. Go to Source Powered by WPeMatico
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end. Go to Source Powered by WPeMatico
ETH price dropped 30% in two weeks, and derivatives data shows pro traders are bearish even with Feb. 25’s rally back toward $2,800. Go to Source Powered by WPeMatico
Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Go to Source Powered by WPeMatico
Money is trickling back into the crypto market and derivatives data suggests that investor confidence is improving as the market forms a bottom. Go to Source Powered by WPeMatico
Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur. Go to Source Powered by WPeMatico
A key risk indicator for BTC options hit its highest level in 6 months, possibly signaling that $32,930 was the bottom. Go to Source Powered by WPeMatico
Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over. Go to Source Powered by WPeMatico
ETH price could hit new lows near $3,600, but derivatives data suggests pro traders still feel bullish. Go to Source Powered by WPeMatico