Ether Dips Below $3,100; Investment Manager Says Market Views ETH as ‘More Risky’ Than BTC
Timothy Peterson says ether ETFs have lost about 7% of cost-basis capital over five weeks, versus 4% for bitcoin ETFs.
Timothy Peterson says ether ETFs have lost about 7% of cost-basis capital over five weeks, versus 4% for bitcoin ETFs.
TLDR Retail traders hold 94% long positions on Ether, which often acts as a contrarian indicator suggesting a possible price reversal Ether funding rates on Binance remain between 0. 01%-0. 03%, showing healthy moderate levels far below the overheated 0. 1%-0. 2% seen in 2021 A bearish MACD crossover is forming on Ethereum’s weekly chart, similar to patterns that [.] The post Ether (ETH) Price: BitMine Buys the Dip as Retail Long Positions Hit 94% Warning Sign? appeared first on CoinCentral.