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via CoinDesk · By CoinDesk Staff

Ether news: ETH slides below $2,000 while futures open interest hits record high

ETH

ETH/USDT

$2,686.54

+0.53%

$2,686.54

+0.53%

(24s)

24h Volume

$11,157,343,468.75

24h H/L

$2,743.00 / $2,667.33

Change: $75.67 (2.84%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,689.43

▼ -0.08%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,689.43

Support 1$2,681.00

Support 2$2,567.71

Support 3$2,314.75

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.4

CoinDesk Staff

(07:19 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH

Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.

Ether’s (ETH) price sell-off is gathering steam amid broader market risk aversion. Yet its futures market is busier than ever, creating a…

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Source

CoinDesk Staff · CoinDesk

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