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Ethereum long contracts just hit a record high: how it can trigger a big correction Ethereum long contracts just hit a record high: how it can trigger a big correction
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Ethereum long contracts just hit a record high: how it can trigger a big correction

The Ethereum price is quickly pulling back with technical analysts seeing sub-$200 in the short-term.

Ethereum long contracts just hit a record high: how it can trigger a big correction

Cover art/illustration via CryptoSlate

The Ethereum price is quickly pulling back with technical analysts seeing sub-$200 in the short-term.

Despite being one of the top-performing cryptocurrencies in the past two months, it is rapidly losing momentum.

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