CME Net Short Exposure Reaches ATH: Why Institutions Are Bearish on Ethereum
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Ethereum has seen some selling pressure today and has rolled back on a portion of its gains. The cryptocurrency was bouncing back from below the $1,000 levels but has found hurdles on lower timeframes. Related Reading | Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming? At the time of writing, ETH’s price trades at $1,166 with a 3% loss in the last 24 hours and a 3% profit in the past 7 days. ETH trends to the downside on the 4-hour chart. Source: ETHUSD Tradingview Ethereum and Binance Coin were two of the best-performing assets in the
Ethereum price is trading with a positive bias on Monday but hovers in a very tight range. ETH must break the short-term price consolidation of $2,500 and $2,800 with strong volumes to decide further... [[ This is a content summary only. Visit my website for full links, other content, and…
Ethereum price started a downside correction from the $3,850 zone. ETH is now moving lower but might find bids near the $3,520 support zone. Ethereum started a downside correction below the $3,770 level. The price is trading below $3,680 and the 100-hourly Simple Moving Average. There is a key bearish…
Ethereum price is struggling to clear the $1,920 resistance against the US Dollar. ETH could correct lower if it breaks the $1,865 support zone. Ethereum is currently correcting lower from the $1,920 resistance. The price is trading above $1,865 and the 100-hourly Simple Moving Average. There is a key bearish…