$1 Derivatives Net Flow Hits All-Time Low, Signal of Recovery?
Ethereum (ETH) has been in a bearish phase, breaking key supports and attempting a rebound. ETH is currently trading around $2,720, up 0.006% from the previous day. The trading range over the past 24 hours has been between $2,669 and $2,798.
Analysts are closely monitoring the resistance levels at $2,880 and $3,150 for a possible reversal. The recent decline in Ether derivatives net flow to 18-month lows could indicate a decrease in selling pressure and a potential recovery.
