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Research: Ethereum derivatives traders warn against upgrading Shanghai

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Research: Ethereum derivatives traders warn against upgrading Shanghai

Trader uncertainty lingers going into Shanghai upgrade, but muted optimism prevails post-event

.etherum

Using Glassnode data to decipher traders’ positions, we delve deeply into the market sentiment surrounding Ethereum’s highly anticipated Shanghai upgrade. We uncover a surprising trend in market sentiment by focusing on important metrics like Open Interest, Funding Rate Spread, and Options 25 Delta Skew. After the Shanghai upgrade, will Ethereum experience a bullish or bearish reaction? Uncover the essential understanding that could change your crypto methodology…

 

 

 

 

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