BREAKING
301d 2h ago

ETH Shorting Opportunities: How Inverse ETFs Like ETHD and T-REX Are Thriving Amidst 51% Price Drop

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

As of April 15th, **COINOTAG News** reports that **Ethereum’s** value has plummeted approximately **51%** from its peak in January, signaling a potential surge in short-selling opportunities for 2025. Notably, the **ProShares 2x Ethereum Inverse ETF (ETHD)** listed on the NYSE has demonstrated remarkable performance, soaring by **247% year-to-date**, positioning it as the leading ETF in the U.S. market. Concurrently, the **T-REX 2X Inverse Ethereum ETF** has also showcased its strength with a **220% return** since the start of the year. Analysts suggest that **2025** may pose significant challenges for **ETH bulls**, as heightened interest in leveraged short positions is likely to exert downward pressure on the cryptocurrency market. Stakeholders are advised to monitor these developments closely, as the dynamics of **Ethereum** trading evolve in response to these market trends.

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