[Ethereum derivatives show no momentum, raising doubts over $4K rally]
Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Ethereum derivatives show no momentum, raising doubts over $4K rally"></p><p>Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist.</p>

Ethereum derivatives show no momentum, raising doubts over $4K rally

Market analysis shows that since November 21st, the daily RSI has remained below the 50 midline. Currently, observing the daily RSI, we see potential for it to break through the 50 midline.
Key points:
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Bullish signal: If the RSI successfully breaks through the 50 midline, this will be a worthwhile opportunity to long.
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Double resonance: At the current position, breaking through the 50 midline also inevitably means that the price will break through the daily-level descending moving average.
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Trend reversal: A double breakout signifies both a reversal in trading volume and a breakout in the trend, which, from a technical perspective, is extremely...

Shill| BTC Thread

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

A quick overview of institutional and trader opinions on the market outlook.