ETH traders target $3.2K after ‘golden cross’ debut, derivatives data disagrees
1d ago•
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Traders say an ETH rally to $3,200 could result from a “golden cross” pattern, but other Ether price metrics are not so bullish.
Key takeaways:
ETH failed to reclaim $2,600 as futures and options data show weak conviction from traders.
Ethereum’s layer-2 growth hasn’t translated into increased demand for ETH due to low rollup transaction fees.
1d ago•
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bearish:
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