Matrixport: Derivatives markets pricing in 10% volatility in the coming week
Matrixport released a chart today showing that since reaching a high of $3668 on January 7, 2025, Ethereum has fallen by 50% cumulatively. The on-chain activity of the entire Ethereum ecosystem has significantly slowed down, and the weakening fundamentals and continuous low demand for ETH have made market sentiment clearly bearish.
With several key risk events approaching, the derivatives market has started pricing in a significant 10% volatility in the next week (regardless of direction). It is worth noting that the Ethereum price is gradually approaching the low point of the FTX bankruptcy period. FTX is expected to start making payments to major creditors on May 30, 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altcoin Bulls Hold Strong Despite Bearish Sentiment
While 90% turn bearish, altcoin believers say the best of the cycle is still ahead.Bullish Hope in a Bearish CrowdWhy the Altcoin Market Feels Weak Right NowThe Opportunity Behind the Fear
DWF Labs Partners: Hold USD1 to get Falcon Finance closed beta test qualification
DWF Labs Partner: $250 million liquidity fund currently has $184 million left
BNB breaks through $590
Trending news
MoreCrypto prices
More
