ETH futures and options signal quiet confidence among professional traders despite macro headwinds and DeFi exploits, keeping the $2,600 price target in play.
Key takeaways:
Ether (ETH) price failed to sustain bullish momentum after peaking near $2,380 on Sunday. Repeated failures to break the $2,400 resistance level over the past four weeks have weighed on broader market sentiment, though derivatives and onchain metrics suggest professional traders have yet to turn bearish despite ongoing macroeconomic pressure and recent DeFi exploits.
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