Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details
Posted inEthereum

Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details

The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week.  However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term…
Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says
Posted inEthereum

Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new volatility inside this window. Sharp price action usually means chaos for the derivatives side of the sector and indeed, a large…