Bullish sentiment begins to fade after Ethereum all-time high at $4,200

Bullish sentiment begins to fade after Ethereum all-time high at $4,200

Ethereum price soared to $4,200 but derivatives data reflects a decline in the bullish sentiment of Ether futures and options traders. The last couple of weeks have been nothing short of astonishing for Ether (ETH), as the cryptocurrency hiked over 80% to reach a $4,200 all-time high. Even after a 7% correction, the gains accumulated in 2021 surpass 300%, and Ether currently holds a market capitalization that exceeds $450 billion.In the face of such a mind-blowing performance, neither the futures contracts premium nor the options fear and greed indicator signal extreme optimism in the....


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