Ethereum on-chain data hints at further downside for ETH price
An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon. Go to Source Powered by WPeMatico
Mounting concerns about the state of the global economy and traders’ risk-off sentiment continue to weigh on Bitcoin price. Go to Source Powered by WPeMatico
The ETH futures premium turned bearish and the network’s TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment? Go to Source Powered by WPeMatico
Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal. Go to Source Powered by WPeMatico
Regulatory uncertainty, potential competition from tech giants and a market nearing exhaustion are all factors impacting ETH price. Go to Source Powered by WPeMatico
BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday’s options expiry. Go to Source Powered by WPeMatico
BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls. Go to Source Powered by WPeMatico
Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first. Go to Source Powered by WPeMatico
ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution. Go to Source Powered by WPeMatico
BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet. Go to Source Powered by WPeMatico