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Pro traders curb their enthusiasm until Ethereum confirms $3,400 as support -Breaking

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EtherETHThe altcoin’s price rose 11% in the period March 26-March 29 to $3,480. This is its highest level in just 82 days. Although the current price has fallen 9% over the past year, data suggests that altcoin’s uptrend is continuing to a new high.

Investors in institutions are excited by the CoinShares Digital Asset Fund Flows Weekly Report, Tuesday which revealed that crypto product inflows from exchanges had reached its highest level for three months. According to data, investment products in digital assets had a strong performance. Deposits net of $193 millionsLast week.

Ether 3-month futures’ annualized premium. Source: Laevitas
Delta skew 25% for Ether 30 Day Options Source: Laevitas