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Source: Cointelegraph

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.

By Fainaron·Jun 9, 2026 (3 days ago)·1 views
Ether Futures Open Interest Drops 25%, $1,500 Support Level Under Pressure

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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Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Cointelegraph. Read the original at Cointelegraph →

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