Leverage Spikes Hint at Volatility in Ethereum Markets
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Ether one-hour chart. Source: Cointelegraph/TradingViewSpeculative positioning in Ether is intensifying as traders increase leverage, pushing the ETH estimated leverage ratio to a new high of 0.78. The derivatives netflow of over 110,000 ETH marks the third-largest inflow this year, indicating growing market attention around the $2,000 price level.
Technical analysts note that ETH is currently testing a long-term ascending trendline, with support between $1,900–$2,000. A push above the $2,050–$2,100 supply zone could trigger short-liquidation cascades, potentially accelerating an upward move toward $2,150 and beyond, as overleveraged shorts are forced to cover positions.