- Ethereum’s leverage ratio and fund holdings signal rising trader and institutional confidence.
- Despite bearish indicators, Ethereum’s long-term potential remains supported by steady demand.
Following the U.S. election, Bitcoin [BTC] has enjoyed a notable bullish surge, capturing the spotlight. Meanwhile, Ethereum [ETH] has struggled to replicate this momentum, failing to reach a new all-time high despite its significant role in the blockchain ecosystem.
However, a closer look at Ethereum’s key metrics reveals a different story. Despite recent market corrections, several bullish indicators are emerging, suggesting that traders remain optimistic about the asset’s potential for future growth.
As Ethereum continues to evolve, its long-term outlook could be brighter than it appears at first glance.
Ethereum: What the metrics say
Source: Cryptoquant
Ethereum’s estimated leverage ratio has steadily risen, reflecting traders’ increased confidence in deploying leverage during bullish setups. This aligns with the metric’s peak levels, underscoring a sustained appetite for risk in derivatives trading.
Source: Cryptoquant
Source: Cryptoquant
Furthermore, Ethereum fund holdings have surged to multi-month highs, reflecting strong institutional interest and continued confidence among both institutional and retail investors, even in the face of recent market corrections.
Consolidation amidst bearish pressure
Ethereum’s trading at $3,395.85 at press time – down 0.7% in the last 24 hours, as it continues to grapple with resistance at $3,500 and find support near $3,250. This marks a continuation of the recent downtrend triggered by a failed breakout above $3,750 earlier in December.
The market appears to be in a state of indecision, with the price range tightening amid mixed signals.
The RSI at 43.27 signals neutral conditions, though its position below the critical 50 mark leans towards bearish sentiment. Meanwhile, the MACD reveals a negative histogram, with the MACD line positioned below the signal line.
While this confirms bearish momentum, the narrowing histogram suggests selling pressure may be losing steam.
Volume analysis adds to the uncertainty, as trading volumes remain moderate, highlighting a lack of strong conviction from market participants.
- Ethereum’s leverage ratio and fund holdings signal rising trader and institutional confidence.
- Despite bearish indicators, Ethereum’s long-term potential remains supported by steady demand.
Following the U.S. election, Bitcoin [BTC] has enjoyed a notable bullish surge, capturing the spotlight. Meanwhile, Ethereum [ETH] has struggled to replicate this momentum, failing to reach a new all-time high despite its significant role in the blockchain ecosystem.
However, a closer look at Ethereum’s key metrics reveals a different story. Despite recent market corrections, several bullish indicators are emerging, suggesting that traders remain optimistic about the asset’s potential for future growth.
As Ethereum continues to evolve, its long-term outlook could be brighter than it appears at first glance.
Ethereum: What the metrics say
Source: Cryptoquant
Ethereum’s estimated leverage ratio has steadily risen, reflecting traders’ increased confidence in deploying leverage during bullish setups. This aligns with the metric’s peak levels, underscoring a sustained appetite for risk in derivatives trading.
Source: Cryptoquant
Source: Cryptoquant
Furthermore, Ethereum fund holdings have surged to multi-month highs, reflecting strong institutional interest and continued confidence among both institutional and retail investors, even in the face of recent market corrections.
Consolidation amidst bearish pressure
Ethereum’s trading at $3,395.85 at press time – down 0.7% in the last 24 hours, as it continues to grapple with resistance at $3,500 and find support near $3,250. This marks a continuation of the recent downtrend triggered by a failed breakout above $3,750 earlier in December.
The market appears to be in a state of indecision, with the price range tightening amid mixed signals.
The RSI at 43.27 signals neutral conditions, though its position below the critical 50 mark leans towards bearish sentiment. Meanwhile, the MACD reveals a negative histogram, with the MACD line positioned below the signal line.
While this confirms bearish momentum, the narrowing histogram suggests selling pressure may be losing steam.
Volume analysis adds to the uncertainty, as trading volumes remain moderate, highlighting a lack of strong conviction from market participants.
can i get clomid prices name brand for clomid can i order cheap clomiphene without insurance how can i get cheap clomiphene without dr prescription clomid contraindications buying clomid no prescription where to buy cheap clomiphene without dr prescription
More posts like this would force the blogosphere more useful.
More posts like this would create the online time more useful.
semaglutide buy online – buy rybelsus 14mg sale brand cyproheptadine
buy domperidone 10mg for sale – flexeril where to buy cyclobenzaprine 15mg sale
purchase warfarin generic – cou mamide cozaar 50mg pill
order meloxicam without prescription – swelling mobic 15mg cheap
order prednisone 40mg for sale – https://apreplson.com/ deltasone 40mg price
causes of erectile dysfunction – fastedtotake.com otc ed pills that work
buy amoxicillin for sale – comba moxi amoxicillin for sale
buy generic forcan for sale – https://gpdifluca.com/# buy forcan
order escitalopram 10mg generic – escitalopram 10mg pill buy lexapro 10mg generic
buy cenforce online – https://cenforcers.com/ cenforce uk
when will generic tadalafil be available – https://ciltadgn.com/ how to get cialis prescription online
where can i buy cialis on line – india pharmacy cialis what happens if you take 2 cialis
buy zantac tablets – https://aranitidine.com/ zantac 150mg without prescription
brand viagra cheap – street value viagra 100mg cuanto sale el viagra en uruguay
More text pieces like this would create the интернет better. site
Thanks on putting this up. It’s well done. https://ursxdol.com/provigil-gn-pill-cnt/
More posts like this would add up to the online play more useful. https://prohnrg.com/product/diltiazem-online/
Thanks towards putting this up. It’s understandably done. pharmacie en ligne cialis sans ordonnance