Traders’ emotions improved dramatically after a 3.5 perce increase in the price of Ethereum in the range of October 1-8. However, a more careful examination of the Fouchers’ and Option Agreemes shows that the $ 1.2 ° Restay was not enough to hope traders hope to start the new upward trend.
According to Kevin Telegraph, Ethereum is still about 2 perce less than $ 1.5 %, which last reached August 7. Also, the average transaction fee of the network stands near $ 2 after the Maraj update.
Maraj, the most importa update to the China Ethereum Block, was made on September 9. In this high energy -related technology update, the extraction of extracting was changed to a set of credit meters that require a share of 2 Ethereum on the network.
Although co -founding is necessary for the implemeation of Sharding technology or parallel processing in the future, it was not designed to solve the scalability problem at the prese stage. As a result, according to Departer Data, Ethereum hosts none of the top 5 deceralized applications for users.
For this reason, the analysis of derivative market data is valuable to understand the reliability of investing in maiaining the uptrend of the Ethereum price and moving towards the $ 1.2 or higher range.
Neutral emotions to negative investors after Maraj
Small traders usually avoid the three -moh -old fourteen transactions due to price differences with the Spot Market. However, the three -moh -old Fouchers’ coracts are popular tools of professional traders; Because they can preve permane fluctuations in coract financing rates.
In markets with neutral to upward emotions, these three -moh fixed coracts are usually traded at a slight price difference in price in the Spot Markets; Because investors claim more money to refrain from settleme. Of course, this situation is not unique to digital currencies, and Fouchers’ coracts are traded in healthy markets with a 2 to 5 perce annual guaraee or premium.
The negativeness of the Prim FiCrus Ethereum coracts since Maraj on September 9 shows the overwhelming demand for opening shorts of shorts trading positions by estimating price reduction. A worrying situation, known as Backward, or an increase in the price of the futures coract with approaching its maturity time.
Traders must also review the transaction or options Option (Option) of Ethereum Option. Delta’s 5 % deviation indicates when Market Makers and Arbitme traders are paying extra to maiain an upward or downward trend.
In the uptrend markets, optional investors use a higher trading coefficie to raise prices; This reduces the Delta index deviation to a negative 2 %. In corast, the widespread market fear will also cause a positive deviation of 2 % or more.
The 2 % deviation of the Delta index over the past 7 days ending October 5 shows traders’ reluctance to do options to lowering the price of ethereum. However, these feelings changed rapidly from October 1 to neutral Because marketers and traders of arbitrage began to use similar coefficies in Long and Ethereum trading positions.
Low expectation of the rise in Ethereum prices to $ 4.9
A review of the derivative market indicators shows that professional traders are not sure that Ethereum is able to try to cross the $ 1.2 resistance soon. The low price of Fouchers’ coracts over the prices of the Spot market also indicates the lack of ierest in using leverage among buyers.
In addition, the Ethereum Option Traders coinue to pricing like buyers and market sellers, indicating that their price increase does not persuade their price to start an upward trend. Currely, the volume of open coracts has reached $ 1.5 billion, which, by increasing the shorts of shorts, can poteially cause a widespread borrowing pressure.
While the use of trading leverage is a great way to increase the volume of capital and profit, an unexpected fluctuation in the price of ethereum can lead to the mandatory leicoid of transactions and further enhances the price moveme.
Ethereum cows have difficulty getting markets due to the existence of macroeconomic problems and legislation that dictates the curre trend. However, the price of 5 % will be surprised by a 5 % increase in the price of $ 4.9 and will leak the shorts of shorts.
