Ethereum price action and derivatives data confirm that bears are currently in control


$ 117,804.2
€ 100,214.2
¥ 38,800.0
£ 86,861.4
BTC
-0.19 %
$ 2,959.97
€ 2,518.07
¥ 975.22
£ 2,185.72
ETH
-1.48 %
$ 332.29
€ 282.68
¥ 109.51
£ 245.22
XMR
0.74 %
$ 92.73
€ 78.84
¥ 30.58
£ 68.45
LTC
-2.77 %

Investors are unwilling to add long positions as the Shanghai Fork is expected to unlock a significant amount of ETH over a short period.