Stock Groups

This key Ethereum price metric shows ETH traders aren’t as bearish as they appear -Breaking

[ad_1]

This key Ethereum price metric shows ETH traders aren’t as bearish as they appear

EtherETHThe price of ) has fallen 25% within a single month. This includes the most recent upgrade to PoS (proof-of-stake). There is consensus about the Ropsten testnet failed to move the altcoin’s price.

While the merge will address energy-use concerns and create a path to higher transaction outputs, it is unlikely that the entire transition of the network will take place until later this year. Parithosh Jayanthi, an Ethereum developer, also pointed out that there were some issues with the PoS implementation. These should be addressed in the next weeks.

Available for 30 days Ether: 25% Delta Skew Source: Laevitas.ch
Top traders in exchanges Ether short-to-long ratio. Source: Coinglass