Ethereum bears are in control of ETH price, but noshitcoins says derivatives data and exchanges’ attempts to provide more transparency could trigger an improvement in market sentiment.
Pro traders have been in panic mode since Nov. 10
Currently there is backwardation in the contracts and this situation is atypical and usually deemed bearish. The metric did not improve after ETH rallied 5% on Nov. 22, reflecting professional traders' unwillingness to add leveraged long positions.Options traders fear additional crashes In bear markets, options investors give higher odds for a price dump, causing the skew indicator to rise above 10%. On the other hand, bullish markets tend to drive the skew indicator below -10%, meaning the bearish put options are discounted.The delta skew has been above the 10% threshold since Nov. 9, signaling that options traders were less inclined to offer downside protection. The situation worsened over the following days as the delta skew indicator surged above 20%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Ethereum Whale Worth 720,000 ETH Wakes up to Make These Manipulations: Details720,000 ETH whale wakes up to act, while Ethereum price takes pressure ethereum eth whalealert cryptonews cryptocurrencies
Consulte Mais informação »
FTX Hacker Moves $199 Million Worth of Ethereum (ETH) to Different WalletsThe FTX wallet drainer has transferred roughly $200 million worth of Ethereum (ETH) to various addresses
Consulte Mais informação »
Price analysis 11/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOTCrypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips.
Consulte Mais informação »
FTX hacker dumps 50,000 ETH, still among top 40 Ether holdersThe FTX hacker drained nearly $447 million out of multiple FTX global and FTX.US exchange wallets just hours after the crypto exchange filed for Chapter 11 bankruptcy on Nov. 11.
Consulte Mais informação »
ETH Researcher Discloses Important Dogecoin Data Hidden from Users: DetailsDogecoin key facts hidden from users revealed by ETH researcher DOGE DogeArmy $DOGE Ethereum Dogecoinrise Dogecointothemoon dogecoin
Consulte Mais informação »
On the move: FTX hacker splits nearly $200M in ETH across 12 walletsThe attacker behind the FTX hack has just split 180,000 in ETH across 12 newly created wallets. Meanwhile, hopeful crypto users have asked the attacker to help cover their losses.
Consulte Mais informação »