Two Blokes

Ether Faces Short-Term Pressure as Borrowing Costs Climb, Analyst Warns

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    Posted by Two Blokes Jul 26 - Filed in Crypto - 2 views
    Ethereum (ETH) could face a period of instability in the coming weeks, according to Markus Thielen, head of research at 10x Research. Rising borrowing costs for wrapped Ether (wETH) and overbought technical indicators suggest a potential “meaningful unwinding” across the Ethereum ecosystem.