• bitcoinBitcoin (BTC) $ 84,469.00
  • ethereumEthereum (ETH) $ 1,918.28
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.39
  • bnbBNB (BNB) $ 593.68
  • solanaSolana (SOL) $ 133.54
  • usd-coinUSDC (USDC) $ 0.999885
  • cardanoCardano (ADA) $ 0.745210
  • dogecoinDogecoin (DOGE) $ 0.172997
  • tronTRON (TRX) $ 0.224159
  • staked-etherLido Staked Ether (STETH) $ 1,913.87
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 84,210.00
  • pi-networkPi Network (PI) $ 1.48
  • leo-tokenLEO Token (LEO) $ 9.78
  • chainlinkChainlink (LINK) $ 13.84
  • stellarStellar (XLM) $ 0.279516
  • wrapped-stethWrapped stETH (WSTETH) $ 2,291.76
  • usdsUSDS (USDS) $ 0.999767
  • hedera-hashgraphHedera (HBAR) $ 0.195783
  • avalanche-2Avalanche (AVAX) $ 18.58
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • suiSui (SUI) $ 2.34
  • the-open-networkToncoin (TON) $ 2.93
  • litecoinLitecoin (LTC) $ 91.86
  • bitcoin-cashBitcoin Cash (BCH) $ 331.75
  • polkadotPolkadot (DOT) $ 4.22
  • mantra-daoMANTRA (OM) $ 6.30
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • wethWETH (WETH) $ 1,920.01
  • bitget-tokenBitget Token (BGB) $ 4.42
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999521
  • hyperliquidHyperliquid (HYPE) $ 13.93
  • whitebitWhiteBIT Coin (WBT) $ 28.49
  • wrapped-eethWrapped eETH (WEETH) $ 2,039.84
  • moneroMonero (XMR) $ 209.99
  • uniswapUniswap (UNI) $ 6.07
  • susdssUSDS (SUSDS) $ 1.04
  • daiDai (DAI) $ 0.999657
  • aptosAptos (APT) $ 5.23
  • nearNEAR Protocol (NEAR) $ 2.62
  • pepePepe (PEPE) $ 0.000007
  • okbOKB (OKB) $ 46.31
  • ondo-financeOndo (ONDO) $ 0.875420
  • internet-computerInternet Computer (ICP) $ 5.73
  • ethereum-classicEthereum Classic (ETC) $ 18.07
  • aaveAave (AAVE) $ 174.71
  • gatechain-tokenGate (GT) $ 21.25
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 84,479.00
  • mantleMantle (MNT) $ 0.735882
  • official-trumpOfficial Trump (TRUMP) $ 12.40
  • crypto-com-chainCronos (CRO) $ 0.083465
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.03
  • bittensorBittensor (TAO) $ 261.31
  • vechainVeChain (VET) $ 0.024745
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999597
  • kaspaKaspa (KAS) $ 0.079896
  • celestiaCelestia (TIA) $ 3.52
  • cosmosCosmos Hub (ATOM) $ 4.28
  • filecoinFilecoin (FIL) $ 2.89
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.214903
  • ethenaEthena (ENA) $ 0.354579
  • fasttokenFasttoken (FTN) $ 4.00
  • algorandAlgorand (ALGO) $ 0.199767
  • sonic-3Sonic (prev. FTM) (S) $ 0.527467
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 84,531.00
  • render-tokenRender (RENDER) $ 3.20
  • arbitrumArbitrum (ARB) $ 0.359918
  • story-2Story (IP) $ 5.87
  • arbitrum-bridged-usdt-arbitrumArbitrum Bridged USDT (Arbitrum) (USDT) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.527171
  • optimismOptimism (OP) $ 0.872450
  • kucoin-sharesKuCoin (KCS) $ 11.13
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.513392
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 84,228.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,916.48
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,992.55
  • movementMovement (MOVE) $ 0.452585
  • nexoNEXO (NEXO) $ 1.08
  • xdce-crowd-saleXDC Network (XDC) $ 0.068392
  • makerMaker (MKR) $ 1,173.03
  • dexeDeXe (DEXE) $ 17.34
  • injective-protocolInjective (INJ) $ 10.00
  • usual-usdUsual USD (USD0) $ 0.997836
  • blockstackStacks (STX) $ 0.643731
  • immutable-xImmutable (IMX) $ 0.551633
  • worldcoin-wldWorldcoin (WLD) $ 0.869035
  • binance-staked-solBinance Staked SOL (BNSOL) $ 139.02
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,152.43
  • sei-networkSei (SEI) $ 0.204005
  • flare-networksFlare (FLR) $ 0.015145
  • the-graphThe Graph (GRT) $ 0.094736
  • theta-tokenTheta Network (THETA) $ 0.895395
  • lido-daoLido DAO (LDO) $ 0.957219
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999746
  • bonkBonk (BONK) $ 0.000011
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 84,041.00
  • eosEOS (EOS) $ 0.503514
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,034.07
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • tether-goldTether Gold (XAUT) $ 2,981.37
  • tezosTezos (XTZ) $ 0.706823
  • galaGALA (GALA) $ 0.016613
  • wbnbWrapped BNB (WBNB) $ 593.22
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999294
  • the-sandboxThe Sandbox (SAND) $ 0.284055
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 0.999013
  • jito-governance-tokenJito (JTO) $ 2.22
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 84,218.00
  • bitcoin-svBitcoin SV (BSV) $ 33.95
  • iotaIOTA (IOTA) $ 0.182803
  • jasmycoinJasmyCoin (JASMY) $ 0.013765
  • berachain-beraBerachain (BERA) $ 6.29
  • kaiaKaia (KAIA) $ 0.110704
  • msolMarinade Staked SOL (MSOL) $ 170.05
  • pax-goldPAX Gold (PAXG) $ 2,993.35
  • flowFlow (FLOW) $ 0.402456
  • usdx-money-usdxStables Labs USDX (USDX) $ 1.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,995.45
  • flokiFLOKI (FLOKI) $ 0.000061
  • neoNEO (NEO) $ 8.01
  • ethereum-name-serviceEthereum Name Service (ENS) $ 17.01
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 145.66
  • pyth-networkPyth Network (PYTH) $ 0.149793
  • curve-dao-tokenCurve DAO (CRV) $ 0.410320
  • resolv-usrResolv USR (USR) $ 1.00
  • heliumHelium (HNT) $ 2.95
  • honey-3Honey (HONEY) $ 0.999552
  • beldexBeldex (BDX) $ 0.075671
  • roninRonin (RON) $ 0.840348
  • zcashZcash (ZEC) $ 32.21
  • axie-infinityAxie Infinity (AXS) $ 3.22
  • decentralandDecentraland (MANA) $ 0.272442
  • kavaKava (KAVA) $ 0.462898
  • dogwifcoindogwifhat (WIF) $ 0.507471
  • telcoinTelcoin (TEL) $ 0.005548
  • elrond-erd-2MultiversX (EGLD) $ 18.11
  • true-usdTrueUSD (TUSD) $ 0.999856
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.64
  • starknetStarknet (STRK) $ 0.175805
  • pumpbtcpumpBTC (PUMPBTC) $ 83,121.00
  • raydiumRaydium (RAY) $ 1.64
  • dydx-chaindYdX (DYDX) $ 0.622004
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999897
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,033.33
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.172667
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.675958
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,919.56
  • chain-2Onyxcoin (XCN) $ 0.013348
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 84,363.00
  • apenftAPENFT (NFT) $ 0.00000043
  • aerodrome-financeAerodrome Finance (AERO) $ 0.535576
  • arweaveArweave (AR) $ 6.46
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,920.01
  • conflux-tokenConflux (CFX) $ 0.084020
  • clbtcclBTC (CLBTC) $ 83,543.00
  • ecasheCash (XEC) $ 0.000021
  • apecoinApeCoin (APE) $ 0.519237
  • chilizChiliz (CHZ) $ 0.044148
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006703
  • thorchainTHORChain (RUNE) $ 1.17
  • ousgOUSG (OUSG) $ 110.33
  • grassGrass (GRASS) $ 1.49
  • coredaoorgCore (CORE) $ 0.409491
  • usdbUSDB (USDB) $ 0.994922
  • hashnote-usycHashnote USYC (USYC) $ 1.07
  • lorenzo-stbtcLorenzo stBTC (STBTC) $ 83,804.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • matic-networkPolygon (MATIC) $ 0.216008
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,918.60
  • infrared-beraInfrared Bera (IBERA) $ 5.66
  • compound-governance-tokenCompound (COMP) $ 41.38
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.868288
  • olympusOlympus (OHM) $ 21.98
  • tbtctBTC (TBTC) $ 84,072.00
  • fraxFrax (FRAX) $ 0.998857
  • amp-tokenAmp (AMP) $ 0.004174
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,962.42
  • axelarAxelar (AXL) $ 0.367313
  • pendlePendle (PENDLE) $ 2.14
  • kaitoKAITO (KAITO) $ 1.40
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,998.61
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062
  • akash-networkAkash Network (AKT) $ 1.35
  • beam-2Beam (BEAM) $ 0.006264
  • spx6900SPX6900 (SPX) $ 0.351022
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • gnosisGnosis (GNO) $ 125.18
  • based-brettBrett (BRETT) $ 0.032115
  • mina-protocolMina Protocol (MINA) $ 0.258661
  • verus-coinVerus (VRSC) $ 3.93
  • reserve-rights-tokenReserve Rights (RSR) $ 0.005524
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 1,900.33
  • morphoMorpho (MORPHO) $ 1.29
  • aioz-networkAIOZ Network (AIOZ) $ 0.263447
  • golemGolem (GLM) $ 0.293038
  • justJUST (JST) $ 0.030220
  • plumePlume (PLUME) $ 0.148997

Ethereum (ETH) Metric Makes Crucial Comeback: Details

0 49

Ethereum (ETH) Metric Makes Crucial Comeback: Details

The open interest of Ethereum has recovered to its local highs, indicating a possible spike in volatility and a rise in purchasing power. With a significant increase over previous levels, the total open interest on Binance Futures is currently at 1.896 million.

Since the number of open futures contracts is a good indicator of future price movements, this metric is very important. Based on the chart, ETH has been steadily declining for some time and is currently trading at $2,292.

Ethereum (ETH) Metric Makes Crucial Comeback: Details

An increase in OI indicates that traders may be preparing for large price movements, which could manifest as a breakout or additional decline. Growing OI has historically been associated with increased market participation, which has increased liquidity and may cause volatility moves in either direction.

Furthermore, the increasing total volume supports the possibility of more market activity. A rise in volume along with an increase in OI suggests that the market is getting more active, which frequently happens before volatility spikes. This is crucial for Ethereum, particularly considering the sustained period of price consolidation.

Ethereum is still below resistance areas in short-term price analysis, and a large increase in purchasing power would be required to overcome them. As it attempts to bounce back from prior lows, the price trend is currently weakening, but the increase in volume and OI may be early signs of a bullish reversal. Within the next few weeks, ETH might move back toward the $2,500 resistance level if the renewed buying power continues.

Source

Leave A Reply

Your email address will not be published.

Verified by MonsterInsights