Ether analysts predict another ‘selling wave’ as ETH struggles to overcome $1.7K
CoinTelegraph·
60-second summary
Ether analysts predict another 'selling wave' as ETH struggles to overcome the $1.7K resistance. Exchange inflows and slumping demand are contributing factors, while a 31% drop in Ether futures open interest may signal a potential wave of selling. This could pressure ETH prices further, exacerbating the ongoing market volatility and uncertainty.
Exchange inflows, slumping demand and a 31% drop in Ether futures open interest may signal that another wave of selling could hit ETH.