Analysis: Most futures traders are actively selling ETH, ETH may continue to fall in the short term
According to Cryptoquant analyst ShayanBTC, the Ethereum price may continue to fall in the short term unless there is a change in the situation.Currently, the Ethereum price is struggling to break through $4,000, and the buy-to-sell ratio (7-day moving average) in the futures market shows that the sellers have the advantage. This ratio has recently failed to rise above 1 and has sharply declined, indicating that most futures traders are actively selling Ethereum, whether for speculative purposes or to realize profits. This trend is a bearish signal, and if it continues, the current downward retracement may persist.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot Ethereum ETFs Hit $1.4 Billion Inflow Record
Invesco and Galaxy Register Solana ETF with Delaware Trust
Anthony Pompliano to Lead $750M Bitcoin SPAC Initiative
Cardano’s $100M ADA Move: Market Reactions
Trending news
MoreCrypto prices
More








