#derivatives data

The post Ethereum Cools Off Below $2,450 – Lower Leverage Sets The Stage For A Breakout appeared on BitcoinEthereumNews.com. Ethereum is testing resistance as the market heats up and buyers attempt to force a decisive break above the level that has capped the recovery for nearly a month. The price action is building toward a resolution — and top analyst Darkfost has examined the derivatives data behind the current setup in a way that adds structural context to both the consolidation and what it might take to end it. Ethereum has been trading between $2,250 and $2,450 for close to a month, a range that formed immediately after a 33% rally from the February lows. That rally was not quiet. Open interest increased by approximately $4.5 billion during the move, confirming a significant resurgence in derivatives participation. What Darkfost identifies as particularly revealing is the funding rate picture throughout the same period. Despite the 33% rally, the surge in open interest, and the e

Ethereum is testing resistance as the market heats up and buyers attempt to force a decisive break above the level that has capped the recovery for nearly a month. The price action is building toward a resolution — and top analyst Darkfost has examined the derivatives data behind the current setup in a way that adds structural context to both the consolidation and what it might take to end it. Related Reading: Ethereum Is Going Up While Shorts Are Piling In: Find Out What Usually Follows Ethereum has been trading between $2,250 and $2,450 for close to a month, a range that formed immediately after a 33% rally from the February lows. That rally was not quiet. Open interest increased by approximately $4.5 billion during the move, confirming a significant resurgence in derivatives participation. What Darkfost identifies as particularly revealing is the funding rate picture throughout the same period. Despite the 33% rally, the surge in open interest, and the elevated leverage ratio, fundi