WTR: ETH Shanghai Upgrade Special Topic
In the next few days, more ETH-related on-chain data will be reported.
1. ETH derivatives risk represents the derivatives risk of ETH, as well as long and short pressure. The risk coefficient of ETH derivatives is in the neutral zone, and the risk is moderate.
2. The net position of the ETH exchange represents the state of spot selling pressure. Currently in a state of net outflow, there is not much selling pressure.
3. The exchange’s stablecoin net position represents a certain amount of market acceptance. Currently, stablecoins have not flowed into exchanges in large quantities.
4.CDD represents high-weighted selling pressure. There is currently no obvious high-weighted selling pressure.