![Why Ethereum [ETH] address outflows may be headed for DeFi](https://i.headtopics.com/images/2023/4/1/cryptoamb/why-ethereum-eth-address-outflows-may-be-headed-fo-why-ethereum-eth-address-outflows-may-be-headed-fo-1641931630481666049.webp)
ETH sell pressure starts mounting after encountering a resistance wall. ETH 2.0 absorbs some of the ETH liquidity, while leverage traders adjust to the current risk. March has been quite an interesting month for the crypto market and especially for ETH. But now that the month is coming to an end, it is important to […]
But what about the situation in the derivatives market? Well, ETH’s open interest fell to the lowest Q1 level in the second week of March.
It has since bounced back, confirming healthy demand in the derivatives segment. However, it dropped slightly in the last two days after the price encountered resistance.Meanwhile, the level of leverage in the market recently bounced this week after previously falling to its lowest Q1 levels. A confirmation that ETH’s bounce back from the second week of March was backed by noteworthy leverage.
This may explain why the estimated leverage ratio dropped slightly in the last two days due to the expectations of a retracement.Subscribe to get it daily in your inbox.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Aptos ramps up its DeFi foundation to benefit from CEX’s tribulationsAptos Network aims to improve its DeFi foundation. It must contend with inherent challenges in the DeFi ecosystem. Aptos [APT] is racing to update its DeFi foundation in partnership with Econia Labs to attract more next-gen DeFi products to its platform. Although the move aims to benefit from sustained turbulences on CEXs (central exchanges), Aptos […]
Lire la suite »
Why the debate over repealing Iraq War approval mattersU.S. Congress is moving toward doing something it hasn't done since the Vietnam War -- repealing authorizations for the president's use of military force. For lawmakers, that's an important gesture toward reclaiming a say over the wars America wages abroad.
Lire la suite »
![Fantom [FTM] surges to $0.46, but here’s why the rally could halt](https://i.headtopics.com/images/2023/3/30/cryptoamb/fantom-ftm-surges-to-0-46-but-here-s-why-the-rally-fantom-ftm-surges-to-0-46-but-here-s-why-the-rally-1641267753829974016.webp?w=640)
Fantom [FTM] surges to $0.46, but here’s why the rally could haltDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The trendline resistance could halt or even reverse recent gains. The $0.4 area has served as significant support throughout March. Fantom [FTM] rallied strongly from a zone of support the bulls established around the […]
Lire la suite »
INSIDE THE VILLAGE: Why so many Canadians are going bankruptThis week's podcast: Millennials account for nearly half of insolvencies, thanks to soaring credit card debt, CERB payments — and predatory lenders charging nearly 400 per cent interest
Lire la suite »
INSIDE THE VILLAGE: Why so many Canadians are going bankruptThis week's podcast: Millennials account for nearly half of insolvencies, thanks to soaring credit card debt, CERB payments — and predatory lenders charging nearly 400 per cent interest
Lire la suite »
Why is there no cell service on TTC subways?The TTC signed a deal over a decade ago for wi-fi and cell services, but none of the big telecom companies signed on.
Lire la suite »