Ethereum ប្រថុយនឹង 'អន្ទាក់គោ' បន្ទាប់ពីតម្លៃ ETH កើនឡើង 25%

Ethereum’s token Ether (សាកលវិទ្យាល័យ ETH) អាច​ជា entering a “bull trap” zone after rebounding back above the $1,000 mark from 18-month lows of $885. 

Ether price paints a “rising wedge”

The first among these indicators is a “rising wedge,” a classic bearish reversal setup that forms after the price trends upward inside a range defined by two ascending but converging trendlines. The wedge setup gains further confirmation if the trading volume drops alongside the rising prices.

Theoretically, a rising wedge resolves after the price breaks below its lower trendline and eyes a run-down toward the level at length equal to the maximum height between the wedge’s upper and lower trendline

Ether has been forming a rising wedge since mid-June, as shown in the chart below.

ETH/USD four-hour price chart featuring ‘rising wedge’ setup. Source: TradingView

Hence, its interim bias appears to the downside, with a decisive breakdown below the lower trendline risking a decline toward the $870–$950, depending on where the breakdown begins. 

That means a 15%–25% decline from June 13’s ETH price.

$70M exits Ethereum funds

Ethereum’s bearish case is supported by evidence of significant outflows from investment funds.

Notably, Ether-related investment products witnessed outflows worth $70 million in the week ending June 17, នេះបើយោងតាម to data fetched by CoinShares.

Notably, this was the eleventh-straight week of capital withdrawals, bringing the year-to-date outflow total to $458.6 million.

Flow of Asset. Source: CoinShares

In contrast, Solana (SOL), one of Ethereum’s top rivals in the smart contracts ecosystem, attracted $109 million in 2022 for its related funds. While Bitcoin (BTC អ) saw $480 million flow into its investment products.

ដែលទាក់ទង: DeFi Summer 3.0? Uniswap វ៉ាដាច់ Ethereum លើថ្លៃសេវា DeFi ដំណើរការជាង

CoinShares cited investors’ worries over Ethereum’s “Merge” to proof-of-stake as the primary reason behind its funds’ poor performance this year.

Ethereum options strike price: $1K

ETH options’ open interest on Deribit shows over $1 billion in notional for Ether, awaiting the expiry on June 24. Interestingly, these Ether options are major puts around the current price levels, with a concentration around the $1,000 strike, នេះបើយោងតាម ទិន្នន័យពី Coinglass ។

Ether options open interest by strike price. Source: Coinglass

The June 24 expiration could potentially influence Ether’s price action, primarily because it trades only 10% above the preferred strike price of $1,000. Additionally, a move toward $1,000 could trigger the rising wedge setup. 

ទស្សនៈនិងយោបល់ដែលបានបង្ហាញនៅទីនេះគ្រាន់តែជាទស្សនៈរបស់អ្នកនិពន្ធប៉ុណ្ណោះហើយមិនឆ្លុះបញ្ចាំងពីទស្សនៈរបស់ Cointelegraph.com ទេ។ រាល់ការវិនិយោគនិងការធ្វើពាណិជ្ជកម្មទាក់ទងនឹងហានិភ័យអ្នកគួរតែធ្វើការស្រាវជ្រាវដោយខ្លួនឯងនៅពេលធ្វើការសម្រេចចិត្ត។