ETH’s next stop could be $4.1K, but this must happen first
An emerging ETH futures trend is predicting an Ether price rally to $4,100, but other data says the altcoin is overdue for a slight correction.
Ether (ETH) is trading near $3,300, and one futures market trend points to another 10% to 25% upside move. However, the market may first see a liquidation-driven price dip before any sustained rally develops.
Key takeaways:
Ether’s Leverage Ratio is near 0.60, a level that has historically preceded 10% to 25% rallies after short pullbacks.
