3 reasons why Ethereum price keeps rejecting at the $1,300 level

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Ethereum price is pinned below $1,200 and $1,300 and while some traders say the stock market will signal what is next for ETH, noshitcoins says derivatives already show traders turning more bearish on Ether.

Slight uptick in bearish demand for ETH futures' leverage

In bear markets, options investors give higher odds for a price dump, causing the skew indicator to rise above 10%. On the other hand, bullish markets tend to drive the skew indicator below -10%, meaning the bearish put options are discounted.The delta skew has stabilized in the past week, signaling that options traders are more comfortable with downside risks.As the 60-day delta skew stands at 12%, whales and market makers are getting closer to a neutral sentiment for Ether.

Currently, the odds favor Ether bears because the newsflow implies that the possibility of stricter regulation is weighing down the market.

 

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first it need me to buy for 700 on Bitfinex

be regulated by the SECGov

Crypto is garbadge . People buy because they beleive that some days will have someone pay higher price to buy. But obvioulsy people will be smarter and smarter. This mean instead of buy them they can create a token to sell and get money. Free money why not?

Me 😎

Reason 4) Hedge-funds, venture capital companies and exchanges keep capsizing.

fix your question first.

What will happen when they declare etherum a security? Is that good or bad?

$1301 has been the resistance level, a 16% above the $1,070 low reached a few weeks ago in Nov. 22.

maybe this goal will be reached in 2023

I read the article so in short nobody knows what will happen

Ethereum would be better off taking care of fees

A centralized crypto? Nah I'm buying another thing, not something owned by AWS.

Big green dildo up!

It needs another scampump.

Nothing. It just needs to die. Burn it with fire.

Pretty simple. More people buying, less people selling. You’re welcome.

Nothing

Decentralize..

$1,300 support is coming very soon! ETH

noshitcoins Lol, sure a guy called noshitcoins is gonna give u an unbiased review of the king of Altcoins lmfao……

noshitcoins Binance doesn’t realize that its reserve is highly correlated with the crypto market. It is just one degree away from reserving with your own token. Never have I seen such evident disaster in risk management that are so oblivious to those in control of billions.

noshitcoins Derivatives will get rekt and eth will fly to 10k

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