Ethereum's Low Funding Rates Signal ‘Full-Fledged’ Rally Ahead: Analyst
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2 Articles
Ethereum's Low Funding Rates Signal ‘Full-Fledged’ Rally Ahead: Analyst
Ethereum’s ten-year milestone has been marked not just by reflection but by a steady rally that has investors bracing for what could be the cryptocurrency’s next big breakout. With ETH trading at $3,800 at press time, still 24% below its all-time high, pseudonymous CryptoQuant analyst CoinCare says its subdued futures funding rates and deep-pocketed accumulation suggest the uptick is far from over. The Funding Rate Divergence According to CoinCa…
Ethereum’s Low Funding Rates Signal ‘Full-Fledged’ Rally Ahead: Analyst
Ethereum’s ten-year milestone has been marked not just by reflection but by a steady rally that has investors bracing for what could be the cryptocurrency’s next big breakout. With ETH trading at $3,800 at press time, still 24% below its all-time high, pseudonymous CryptoQuant analyst CoinCare says its subdued futures funding rates and deep-pocketed accumulation suggest the uptick is far from over. Source link The post Ethereum’s Low Funding Rat…
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