Ethereum (ETH) is showing strong activity in the market, with more traders betting on price moves. But while this could lead to a big rally, it also brings higher risk of a price crash if things go wrong.
📈 Ethereum Open Interest Hits All-Time High
Right now, Ethereum’s Open Interest (the total value of active futures contracts) is at a record $35.69 billion, according to CoinGlass. This means many traders are making bets on ETH going up.
But here’s the risky part — Open Interest is rising faster than ETH’s price, which means more people are using leverage (borrowed money) to trade. This can push the price up fast, but if ETH suddenly falls, it could cause massive sell-offs (liquidations).
💸 $123B in ETH at Risk
Data from Glassnode shows that $123 billion worth of Ethereum is now sitting just 0–20% above its buy price — mostly between $2,300 and $2,500.
That means many investors are only slightly in profit. If the price drops just a little, they could start losing money, leading to panic selling.
⚠️ What’s Happening Now?
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ETH is currently near $2,670.
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The RSI (a measure of price strength) is at 68.93, which means the market might be overbought — and could slow down.
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The MACD, another key indicator, still shows a bullish trend, but is starting to weaken.
So, ETH is at a critical point:
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If it can break above $2,700, it might go higher.
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If not, we could see a pullback to $2,500–$2,550, where many investors bought ETH.
📊 Final Thoughts
Ethereum is in a powerful spot, with lots of trader interest — but that also means higher risk. If the price keeps rising, ETH could rally fast. But if momentum fades, a quick drop could follow due to the large number of at-risk positions.
Disclaimer: This article is
for information only and not financial advice.
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