ETH crash to $1K looms if key support breaks: Will futures traders step in?
Hex37's read
- ETH futures open interest dropped by 25%.
- This decline puts pressure on the $1,500 support level.
- A break below $1,500 could lead to a drop to $1,000.
What it means for traders
- Potential bearish sentiment for ETH as futures open interest declines.
- Traders should monitor the $1,500 support level for potential long or short entry points.
Affected markets
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