Ethereum Futures Volume Hits Highest Level On Binance Since Mid-December — Details

Over the week, Ethereum struggled to sustain any significant move to the upside. Although the second-largest cryptocurrency reclaimed the $3,300 price level, it could not break above $3,400 to continue its path towards higher price levels. As it stands, it appears that the Ether token is taking on a short-term bearish structure. However, an on-chain evaluation has recently been put out, which suggests that market participants might be gearing up for a significant move in the near-term source: https://www.newsbtc.com/news/ethereum/ethereum-futures-volume-hits-highest-level-on-binance-since-mid-december-details/