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.
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Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely
Ethereum quietly turned 10 and now runs the backend of global finance
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.
Read More
Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely