Ether Futures Open Interest Drops 25%, $1,500 Support Level Under Pressure
Ether's futures open interest has experienced a 25% reduction. This decline is reportedly placing significant pressure on the cryptocurrency's $1,500 support level. The current market dynamics raise questions regarding the potential for further price movements, with a possible revisit of the $1,000 mark being considered by some.

Ether's futures open interest has recently fallen by 25%.
This reduction in open interest is reportedly exerting pressure on the cryptocurrency's $1,500 support level. Market discussions have emerged concerning the potential for Ether to drop to $1,000 if this crucial support level does not hold.
(Source: Cointelegraph)
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