Ethereum price is trading near a key support near $1,500 and noshitcoins says ETH futures data points to further downside in the short-term.
ETH derivatives show reduced demand for longs
Still, the declining demand for leverage longs does not necessarily translate to an expectation of adverse price action. Consequently, traders should analyzeto understand how whales and market makers are pricing the odds of future price movements. 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 metric below -10%, meaning the bearish put options are in less demand.The delta skew moved above the bearish 10% threshold on March 4, signaling stress from professional traders.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
IndyCar St. Petersburg Results: Marcus Ericsson's Late Pass the Difference2022 Indianapolis 500 winner scores first win of the new NTT IndyCar Series campaign.
Consulte Mais informação »
U.S. stocks open higher as S&P 500 attempts to extend Friday’s gainsU.S. stocks opened higher Monday, with the S&P 500 up slightly, as major indexes attempt to extend sharp gains booked Friday. The Dow Jones Industrial...
Consulte Mais informação »
BTS j-hope's 'Hope World' hits 500 million cumulative streams on Spotify | allkpopBTS member j-hope's debut record 'Hope World' achieved a new milestone on Spotify!On March 6, KST, j-hope's 'Hope World,' which features t…
Consulte Mais informação »
Stock market news today: S&P 500 aims for 3rd straight winUS stocks edge higher as Treasury yields slip and investors await Powell testimony
Consulte Mais informação »
S&P 500 ends slightly higher ahead of Powell testimony, upcoming dataThe S&P 500 made little progress on Monday, closing slightly higher than its session low as U.S. Treasury yields pulled higher with investors braced for this week's testimony from Federal Reserve Chair Jerome Powell and the February jobs report.
Consulte Mais informação »
Bitcoin Outperforms NASDAQ, S&P 500, Dow Jones, and Gold CombinedBitcoin has surpassed the NASDAQ, S&P 500, Dow Jones, and gold combined in terms of year-to-date return
Consulte Mais informação »