Key takeaway: ETH faces selling pressure as $480 million in liquidations and falling network fees impact investor confidence. ETH’s negative funding rate may play a role in a potential rebound rally. Ether (ETH) price faced a three-day 13.8% correction, retesting the $2,900 support on Wednesday for the first time in four weeks. The movement followed a sharp decline across the cryptocurrency market as traders turned risk-averse amid a worsening socio-economic environment. ETH reclaimed the $3,000 level after US President Donald Trump called off import tariff hikes on various European Union…
ETH Flashes Negative Funding Rate But Is Sub $3K ETH Discounted?
