#NoticiasDeMercado ETH futures premium reached over a year low: possible buying opportunity?

Traders claim that the drop in the ETH futures premium to its lowest level in a year is a buy signal, but are they correct?

ETH futures premium reached over a year low: possible buying opportunity?

Market Analysis

The price of Ether

ETH

€1684

dropped 9.3% between March 26 and 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in leveraged ETH futures liquidations and caused the premium relative to the regular spot market to fall to its lowest level in over a year.

Some traders have said that the premium