Ethereum futures data suggests that pro traders believe $3,500 ETH is the next stop for the top altcoin.
Read moreEthereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%.
Read moreEthereum price moves toward new highs even as pro traders turn bearish
Ether’s price is back on the path to a new high, but this key ETH derivatives metric signals that pro traders are exercising caution.
Read moreRecord $8B open interest on Ethereum futures shows the pros are ‘here’
Analysts say billion-dollar liquidations are less of a risk even as the open interest on Ethereum futures hit a new high at $8 billion.
Read moreThe major Ethereum support area is $1,800 but weaker than Bitcoin‘s — Analyst
The buying support for ETH/USD near its record high appears to be weaker than Bitcoin’s.
Read more38% Ethereum futures premium signals traders anticipate $2,500 ETH
Futures traders are increasingly bullish on Ether price in the short-term with $2,500 now in play.
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