futures – Page 42 – Blockchain

2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level

ETH bulls are aiming to flip $2,000 back to support, but these two metrics point toward further downside.

The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers.

Chief financial officer André Milanez said that the product will launch within the next si months.

BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.

Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000.

Charts suggest BTC price will dip below $30,000, and derivatives data shows options traders becoming increasingly worried.