ETH futures turn bearish: A market overreaction, or is $3.8K next?
ETH’s sharp sell-off lined up with the broader crypto market panic and is not a sign of structural weakness. Data suggests institutions will lead the price recovery.
Key takeaways:
Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest.
Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off.