futures – Page 42 – Blockchain

Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support

ETH price has shown a strong recovery since bottoming at $2,500, but derivatives data suggests pro traders are moving with caution.

BTC and ETH prices are in a clear bull trend, but derivatives data shows pro traders haven’t turned into bulls just yet.

Despite only one coin among the top 80 declining over the past week, Tether and futures premiums show a lack of excitement in the market.

A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges’ data.

Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors’ lack of excitement.

BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and