Ethereum has fallen 10.2% this week, with both spot and derivatives markets showing continued weakness, according to Wintermute. The ETH/BTC exchange rate is nearing 0.0275, and Wintermute suggests that Ethereum is not a suitable asset in the current macroeconomic environment. Meanwhile, Bitcoin's critical support lies between $76,000 and $78,000. If it holds this range before NVIDIA's earnings report on May 20, market sentiment may improve. However, a drop below $75,000 could see prices quickly fall to just above $70,000 amid ongoing ETF outflows and funding rate resets. Wintermute also notes that rising U.S. Treasury yields and accelerating inflation make betting on institutional re-entry into Bitcoin challenging in the short term.
Ethereum Drops 10.2% as Wintermute Warns of Weak Market Conditions
免責事項: Phemexニュースで提供されるコンテンツは、あくまで情報提供を目的としたものであり、第三者の記事から取得した情報の正確性・完全性・信頼性について保証するものではありません。本コンテンツは金融または投資の助言を目的としたものではなく、投資に関する最終判断はご自身での調査と、信頼できる専門家への相談を踏まえて行ってください。
