📊 $ETH Futures Update (13 Nov)
Price: ~$1,940 (-5% in 24h), below $2,000
Funding: ~0.002-0.005%, slightly positive (longs not crowded)
Open Interest: ~$24B (down)
Liquidations: ~$260-290M, ~90% longs
Spot ETH ETFs: -$524M over 5 sessions
Levels:
Resistance: $2,000
Support: $1,893 (24h low)
Bias: Bearish. Longs are being flushed, not new leverage coming in. Hot US inflation data and Fed hike fears add pressure. Reclaiming $2,000 is the first sign of strength; losing $1,893 risks more downside.
#ETH #Binance #Futures $ETH
Price: ~$1,940 (-5% in 24h), below $2,000
Funding: ~0.002-0.005%, slightly positive (longs not crowded)
Open Interest: ~$24B (down)
Liquidations: ~$260-290M, ~90% longs
Spot ETH ETFs: -$524M over 5 sessions
Levels:
Resistance: $2,000
Support: $1,893 (24h low)
Bias: Bearish. Longs are being flushed, not new leverage coming in. Hot US inflation data and Fed hike fears add pressure. Reclaiming $2,000 is the first sign of strength; losing $1,893 risks more downside.
#ETH #Binance #Futures $ETH
