Ethereum is going through a rough market, with prices facing constant selling pressure despite the expansion of the retail space. On the charts, ETH has shown weak signals, with repeated rejections at major resistance levels and declining momentum suggesting that sellers will remain dominant in the short term. A large portion of ETH remains locked up in fixed contracts, reducing the amount of liquid ETH available in the market.
The Blocked Project Continues to Strengthen the Ethereum Circle
Ethereum is facing pressure to sell off the charts, but the release is blocked due to staking. An expert known as Sjuul AltCryptoGems on X is he pointed that about 3 million ETH are expected to be invested in the price, and the entry line is reaching about 50 days.
At the same time, a get out of line it is almost empty, indicating that few are taking away what they have, which is an imbalance. If confidence was weak, output would rise, and economic demand would decrease, but the opposite is true.
Investors continue to lock in their ETH for months with a yield of 2.7%. The total number of people affected has now exceeded 38 million ETH, which accounts for 31% of all assets, and the number continues to grow despite the price of the coin.
This difference shows a significant change. Although the price of ETH is showing weakness, participation in the network is showing strength. There is a long waiting time to enter staking and almost no waiting time to exit. This type of cut does not last long. Currently, supply is being shut down to keep pace with demand.
How Ethereum Long and Short Positions Are Shorted in Public
The recent price weakness in Ethereum may be largely driven by changes in positions among hedge funds. According to for crypto investor CW, the data shows that hedge funds significantly reduced their long positions in ETH about two weeks ago, especially on Coinbase Derivatives, which means that many have either liquidated their portfolios or exited trading to reduce losses.
This long-term trend has fueled heavy selling, with US hedge funds emerging as the biggest force currently weighing in. the market. There is a change in attitude that differs from other participants, as traders and asset managers are neutral or remain slightly opportunistic in long positions. CW argues that the whole meaning meeting it will start when hedge funds change.
Both long and short activity on Ethereum decreased compared to the previous day. CW too he realized that the long positions are estimated at about $1.1 billion, while the short positions exceed them at about $4.22 billion. However, if The price of ETH shares increases by $100, several short positions can be eliminated.
