This is why this can be useful for prices

The center’s short contracts to benefit from ETHEREUM have reached crazy levels, which raised the possibility of the recovery of the original to launch saturation.

Since the beginning of the year, ethereum It was one of the worst high -caliber cryptocurrencies. For the context, the second largest encryption assets by CAP in the market corrected an amazing 20 % from year to date, compared to 14 % BNB rise and 18 % increase from XRP.

Ethereum failed to maintain the severe thunderbolt procedures that were seen at that brisk 35 % in one day on Monday in the middle Overage economics factors. The original closed the week with 8 % correction, and spreading the second negative weekly direction in a row.

Meanwhile, the general performance of Ethereum has attracted homosexuality about the original. Recently, Altcoin King has registered a rare history that is barely seen in the state of the emerging market.

ETHEREUM shorts hit new levels on CME

Based on the periodic stage, the encryption market is still in the bull race. However, Ethereum shorts exceeded the highest levels of the bear market in the Chicago Commercial Exchange (CME).

A altcoin subscriber daily today This bear has reached Ethereum to the highest new level ever. The accompanying graph shows that these peak short pants are on the contract to take advantage of the ether CFTC CME.

A long laboratory has reached the maximum of the ETHEREUM contract to an unprecedented level, as the chart shows a factor -11,341 factor. It is worth noting that this decreased feeling has grown severely since late 2024, before the latest new level.

Interestingly, this circulating behavior came despite the last upscale calls. It is worth noting that Eric Trump, the second son of Donald Trump, Investors are bound To start buying ethereum at this stage, the hint is an ideal entry.

The short pressure in the incoming?

Meanwhile, the intense sale pressure on ETHEREUM sparked speculation of short pressure. Market monitors believe that the second largest encrypted currency depending on the maximum market will attract a strong bounce in the direction against the prevailing bets.

The origins have a history in the development of such a contradictory play, especially when it is greatly shortened. This pump is to release saturation and cut excessive merchants before the next direction.

Meanwhile, Ethereum showed signs of life with a strong start for the week. The assets flourished by 4 % of the lowest level of the day at $ 2,561 to trade at its current price of $ 2,658.

Moreover, ETHEREUM received great support at $ 2600, a prominent analyst, Ali Martinez, who was determined as the bottom of his multi -year -old rising triangle. he male The king of Altcoin can recover to $ 3000 or even 4000 dollars if it carries a sustainable crucial area.