Ether Futures
Short

Ethereum: 96% of Hedge Funders Were Short on Monday!

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FenzoFx—Ethereum is trading bearishly, having broken below the 50-SMA. Currently, 96.0% of hedge funders are short, while 52.0 percent of institutional traders were long at the beginning of the week.

If ETHUSD remains under the 50-period moving average, the downtrend may persist, with a potential dip toward the 2,420-dollar support. Retail traders should watch for bullish signals, such as a candlestick pattern, near this level.

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