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$5K ETH: Mission Impossible? Analysts Warn Binance Leverage Could Spark Sharp Correction


Chayanika Deka
для CryptoPotato
$5K ETH: Mission Impossible? Analysts Warn Binance Leverage Could Spark Sharp Correction

Ethereum blasted past its all-time high mark set all the way back in November 2021 after climbing to nearly $4,950 on Sunday. The leading altcoin has since experienced a minor pullback.

But traders may need to brace for turbulence as Binance’s Estimated Leverage Ratio (ELR) on ETH has surged to record highs, which indicates extreme risk-taking in the market.

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ETH Continues to Outpace BTC Amid Biggest Bitcoin ETF Outflows in Months: Bitfinex Alpha

ETH Continues to Outpace BTC Amid Biggest Bitcoin ETF Outflows in Months: Bitfinex Alpha

Ethereum ETFs are rebounding quickly in flows due to support from institutional accum...
Ethereum Price Analysis: Has ETH’s Momentum Faded Following its ATH?

Ethereum Price Analysis: Has ETH’s Momentum Faded Following its ATH?

Ethereum has extended its rally to a new all-time high of $4,960, but momentum has st...

$5K ETH: Mission Impossible? Analysts Warn Binance Leverage Could Spark Sharp Correction


Chayanika Deka
для CryptoPotato
$5K ETH: Mission Impossible? Analysts Warn Binance Leverage Could Spark Sharp Correction

Ethereum blasted past its all-time high mark set all the way back in November 2021 after climbing to nearly $4,950 on Sunday. The leading altcoin has since experienced a minor pullback.

But traders may need to brace for turbulence as Binance’s Estimated Leverage Ratio (ELR) on ETH has surged to record highs, which indicates extreme risk-taking in the market.

Читать материал на CryptoPotato

Читать больше

ETH Continues to Outpace BTC Amid Biggest Bitcoin ETF Outflows in Months: Bitfinex Alpha

ETH Continues to Outpace BTC Amid Biggest Bitcoin ETF Outflows in Months: Bitfinex Alpha

Ethereum ETFs are rebounding quickly in flows due to support from institutional accum...
Ethereum Price Analysis: Has ETH’s Momentum Faded Following its ATH?

Ethereum Price Analysis: Has ETH’s Momentum Faded Following its ATH?

Ethereum has extended its rally to a new all-time high of $4,960, but momentum has st...