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Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade

Holding gains above $1,750 remains a challenge for ETH, but derivatives data shows traders believe future downside moves will be limited to the most immediate price support.

Continue ReadingEthereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade

Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

A 5.5% weekly decline in the total crypto market capitalization might have sucked the wind out of some altcoins, but it has done little to alter traders' bullish point-of-view.

Continue ReadingDerivatives data highlights crypto traders’ positive sentiment and belief in further upside