CryptoQuant analyst: Ethereum funding rate hits new multi-month high, rebound indicates bullish momentum but may see correction
2024-12-09 23:42:12
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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