Wishy-washy bulls turn bearish on Ethereum price despite positive data – Cointelegraph

Ether’s (ETH) futures premium has gone through a complete cycle, from April’s extreme euphoria to the present level, which is the most bearish in six months. 

Believe it or not, in both situations, Ether’s price was roughly $2,100. This change shows how investors’ mood depends on a few weeks’ performances and holds no relation to longer timeframes.

By analyzing the futures markets’ price difference versus regular spot exchanges, traders can better understand how the price move has impacted…


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