38% Ethereum Futures Premium Signals, Traders Anticipate $ 2,500 ETH by Cointelegraph

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38% Ethereum Futures Premium Signals, Traders Anticipate $ 2,500 ETH

Now that the price of Ether (ETH) broke the $ 2,000 level, hitting all-time highs this week, traders have become overly optimistic and expect more upside in the near term. Some analysts believe that the initial liquidation of Visa’s (NYSE 🙂 USD Coin (USDC) stablecoin transaction on the network kicked off the most recent rally. Others attribute the current rise in Ether to a breakdown of the “triangular market structure.” Price of Ether (ETH) on Coinbase, USD. Source: TradingViewOKEx 3-Month ETH Futures Basis. Source: SkewDeribit 90 Day ETH Options 25% Delta Deviation. Source: laevitas.ch Continue reading on Coin Telegraph

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