Pro traders turn into bears after Ethereum price dropped to $3,200
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price.
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Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price.
BTC price took a sharp tumble below a key support level, but data shows today’s dip could be another buying opportunity for bulls.
Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes.
ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution.
BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet.
Despite only one coin among the top-80 declining over the past week, Tether and futures premiums show a lack of excitement in the market.
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors' lack of excitement.
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.
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end.
The entire crypto market is green today, and derivatives metrics suggest that BTC's bullish reversal will flip $40,000 back to support.