ETH recovery outpaces Bitcoin despite constant selling at $4K: Here’s why – MAXBIT

ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip!

Key points: 

Retail investors bore the brunt of ETH’s long liquidations, but they also stepped in to buy the dip to $3,600. 

ETH price rebounded to its average trading range while Bitcoin continues to face heavy selling below $116,000.

Read more

Source link