Traders say Ether’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500.
Related Posts
Bitcoin traders tipping Q4 price top do ‘not understand statistics’ — Analyst

Bitcoin analyst PlanC says there is no reason for Bitcoin to reach a cycle high this year except for a “psychological, self-fulfilling prophecy.”
Bitcoin Price Bottom Could Be Around $40,000, On-Chain Data Shows
The biggest question so far in the bear phase has been when and where the Bitcoin price will bounce back. According to the latest on-chain data, there might be a fresh answer as to where the price bottom will be in the current bear market. Here’s Why $40,000 Could Be Pivotal To The Bear Market […]
Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?

Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100.

