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Ethereum Derivatives Metrics Signal Modest Downside Tail Risk Ahead: Nansen

  • Ether (ETH) faces downside tail risk in the coming days, according to Ethereum derivative metrics analyzed by Nansen.
  • The ETH options market still has a bullish bias, but the significant call-side positioning appears increasingly at risk, indicating potential for further volatility.
  • The key support levels at $2,200-$2,300 are under pressure, with the current price of ETH around $2,200.
  • Ethereum's future structure shows bearish signs, with the $2,500 level changing from potential support to immediate resistance.

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