TLDR: Ethereum rejected at $2.1K resistance after breaking support, confirming bearish structure remains intact Open interest declined 80M+ ETH across exchanges in 30 days, with Binance leading at 40M reduction Technical framework requires sustained reclaim of $2.1K-$2.15K range to shift bias back to bullish Derivatives market cleanup reduces leverage risk and may establish foundation …
Continue reading “Ethereum Struggles Below $2K as Derivatives Markets Shed 80M ETH in Open Interest”
