ETH futures turn bearish: A market overreaction, or is $3.8K next?

ETH’s sharp sell-off lined up with the broader crypto market panic and is not a sign of structural weakness. Data suggests institutions will lead the price recovery.

Key takeaways:

Ether’s correction aligned with broader altcoin moves, with liquidations offset by stable open interest.

Ether options and perpetual funding data show weaker bullish demand, but no derivatives-driven trigger for sell-off.

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