CryptoQuant analyst: Ethereum funding rate hits new multi-month high, rebound indicates bullish momentum but may see correction
2024-12-09 15:42:12
Cryptoquant analyst shayanbtc post said futures market sentiment ethereumdesk3cryptocurrencydesktopCrypto News
CryptoQuant analyst Shayan BTC posted that the Ethereum funds rate indicator of future market sentiment has surged to its highest level in months, coinciding with a sharp rally in the price. This highlights strong bullish sentiment, with traders expecting record highs. However, the market may need to adjust to maintain this momentum.
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