$ETH #EthereumFuture

Between March 26 and 28, Ether (ETH) dropped by 9.3%, testing the $1,860 level for the first time in two weeks, resulting in over $114 million in leveraged ETH futures liquidations. This sharp correction caused the ETH futures premium relative to the spot market to fall to its lowest point in over a year. Typically, monthly ETH futures trade with an annualized premium of 5-10%, reflecting neutral market conditions. However, the current 2% premium indicates weak demand for leveraged longs, influenced by recent price drops. Historical data shows that futures premiums rarely predict spot price trends, indicating caution when interpreting this as a market bottom signal.