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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

$2,480.71

+1.25%

$2,480.71

+1.25%

(24s)

24h Volume

$4,505,504,989.98

24h H/L

$2,493.57 / $2,444.47

Change: $49.10 (2.01%)

Long/Short

59.8%

Long: 59.8%Short: 40.2%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,484.40

▲ 1.16%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,639.52

Resistance 1$2,516.30

Price$2,484.40

Support 1$2,448.56

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):64.2

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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CoinDesk Staff · CoinDesk

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