Ether analysts predict another ‘selling wave’ as ETH struggles to overcome $1.7K
Hex37's read
- Ether analysts predict a potential selling wave for ETH.
- Exchange inflows and slumping demand are key indicators.
- A 31% drop in Ether futures open interest is noted.
What it means for traders
- Bearish sentiment suggests potential shorting opportunities for ETH.
- Monitor exchange inflows and futures OI for confirmation of selling pressure.
Affected markets
Practice this on Hex37
News like this moves markets. Practice trading the move with $10,000 in virtual balance and exchange-grade execution, no real money at risk.