Binance Square

ethneverfall

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Manwithoutheart
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Why can't ETH fall? I looked at the total open interest in the entire network and saw nearly 1 trillion USD for the first time, and most of it is shorting ETH. Therefore, ETH is unlikely to fall in the short term, and it may even reach a new high to liquidate these short positions before falling. Then the open interest in altcoin contracts has reached a historical high, indicating a surge in market speculation, and short-term altcoins are expected to also experience sharp fluctuations in leveraged contracts.#CPIWatch #BinanceAlphaAlert #ETHneverfall
Why can't ETH fall?
I looked at the total open interest in the entire network and saw nearly 1 trillion USD for the first time, and most of it is shorting ETH. Therefore, ETH is unlikely to fall in the short term, and it may even reach a new high to liquidate these short positions before falling.
Then the open interest in altcoin contracts has reached a historical high, indicating a surge in market speculation, and short-term altcoins are expected to also experience sharp fluctuations in leveraged contracts.#CPIWatch #BinanceAlphaAlert #ETHneverfall
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