ETH readies to reclaim $4.5K as futures markets stabilize from crypto flash crash — TradingView News
Key takeaways:
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ETH’s perpetual contract distortions are fading, with monthly futures signaling neutral conditions and reduced short-term market fear.
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Options markets show balanced demand between bullish and bearish strategies, reflecting a healthy derivatives market.
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ETH outperformed most altcoins during the crash and the following 48 hours, reinforcing its relative strength and bullish momentum.
Ether (ETH) price reclaimed the $4,100 level on Sunday, easing some of the pain from Friday’s sharp 20.7% flash crash. The $3.82 billion in leveraged long liquidations left a lasting mark on ETH derivatives markets, but four factors suggest that Ether’s rebound from the $3,750 support may have ended this short-term correction.
The funding rate…
