BINANCE⚡️ FUTURES SPOT⚡️®
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CRYPTO futures provide Leverage signals for Bitcoin and Etherium (bybit,futures)
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Forwarded from Denmark snipers🇩🇰(VIP) (BINANCE EARNS)
MARKET MOVEMENT

Ethereum Options Open Interest (OI) has just hit $8 Billion, which means a new All time High for it, after being slightly short of this mark in November of 2021. This means that an extremely high number of retail and institutional traders are currently in active ETH positions, and this could be a signal of what we’re about to see next.

How will this affect ETH and alts prices over the next 2-3 months?

Since we’ve broken previous Options Open Interest highs with volume, we’re likely seeing a rally continuation in ETH’s price over the next couple of days/weeks, before a mid term correction and a potential retest around $1500-$1600 from where we would be exploding again. Alts are lagging behind for now, which are also expected to explode with strength in the next few months.
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📌 #ZEN/USDT

🔴 SHORT CALL

💠 LEVERAGE :- 10X - 15X

👉 ENTRY :- 20.29 (BELOW)

TARGETS :- 20.21 - 20.13 - 20.05 - 19.885 - 19.480 - 19.20

STOPLOSS :- 21.7
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