Market situation: Has the positive emotions come back to the market?

Traders’ emotions improved dramatically after a 3.5 percent increase in the price of Ethereum in the range of October 1-8. However, a more careful examination of the Fouchers’ and Option Agreements 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 percent 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 important 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 implementation of Sharding technology or parallel processing in the future, it was not designed to solve the scalability problem at the present stage. As a result, according to Departer Data, Ethereum hosts none of the top 5 decentralized applications for users.

For this reason, the analysis of derivative market data is valuable to understand the reliability of investing in maintaining 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 -month -old fourteen transactions due to price differences with the Spot Market. However, the three -month -old Fouchers’ contracts are popular tools of professional traders; Because they can prevent permanent fluctuations in contract financing rates.

In markets with neutral to upward emotions, these three -month fixed contracts are usually traded at a slight price difference in price in the Spot Markets; Because investors claim more money to refrain from settlement. Of course, this situation is not unique to digital currencies, and Fouchers’ contracts are traded in healthy markets with a 2 to 5 percent annual guarantee or premium.

The negativeness of the Prim FiCrus Ethereum contracts 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 contract 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 Arbitment traders are paying extra to maintain an upward or downward trend.

In the uptrend markets, optional investors use a higher trading coefficient to raise prices; This reduces the Delta index deviation to a negative 2 %. In contrast, 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 coefficients 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’ contracts over the prices of the Spot market also indicates the lack of interest in using leverage among buyers.

In addition, the Ethereum Option Traders continue to pricing like buyers and market sellers, indicating that their price increase does not persuade their price to start an upward trend. Currently, the volume of open contracts has reached $ 1.5 billion, which, by increasing the shorts of shorts, can potentially 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 movement.

Ethereum cows have difficulty getting markets due to the existence of macroeconomic problems and legislation that dictates the current 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.