đš ETH IS AT A CRITICAL LEVEL
Ethereum is holding around $2,700, but the derivatives market is flashing warning signs.
đ Open interest has dropped sharply
đ Leverage is at its lowest level since March
Perpetual futures positioning shows a slight bearish bias
Yet ETH is still holding its ground.
That creates an interesting setup: will $2,700 become the launchpad for the next move, or will weakening derivatives activity put more pressure on ETH?
đŻ Key zones to watch:
âą $2,700 â important support
âą $2,750â$2,800 â near-term resistance zone
The next move could be decisive. đ„
$ETH
đ$PHA
$BTW
Ethereum is holding around $2,700, but the derivatives market is flashing warning signs.
đ Open interest has dropped sharply
đ Leverage is at its lowest level since March
Perpetual futures positioning shows a slight bearish bias
Yet ETH is still holding its ground.
That creates an interesting setup: will $2,700 become the launchpad for the next move, or will weakening derivatives activity put more pressure on ETH?
đŻ Key zones to watch:
âą $2,700 â important support
âą $2,750â$2,800 â near-term resistance zone
The next move could be decisive. đ„
$ETH
đ$PHA
$BTW
