Will we see this trend change? I think so, Uptober will not disappoint us.
ETH price dropped to a 10-day low of $2,447, liquidating long-term trades and causing significant losses for traders.
đTechnical indicators suggest bearish control
Technical indicators indicate that bears may take control of the market.
đRecord liquidations
Long-term ETH traders experienced $96 million in liquidations on Monday, the largest in 57 days.
đContinuous optimism
Despite the losses, ETH futures traders continue to open long positions, with a positive funding rate of 0.0052%.
