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ETH Hovers Around $4k as Traders Prepare for a Pull-Back

Ethereum’s cryptocurrency has shot up, almost doubling in price in one month and piercing through a record $4,000 on Monday. But some traders are preparing for a pull-back. Short interest is at the highest since the depths of the bear market, while options traders are buying contracts to protect against a drop. ETH has been…
By: Owen Fernau

Ethereum’s cryptocurrency has shot up, almost doubling in price in one month and piercing through a record $4,000 on Monday. But some traders are preparing for a pull-back. Short interest is at the highest since the depths of the bear market, while options traders are buying contracts to protect against a drop. ETH has been…

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