Ether derivatives were unable to maintain elevated levels of optimism, despite the potential spot ETF and recent macroeconomic data.
Ethereum rally to $3,700? Unlikely, say 2 derivatives metrics
![Ethereum rally to ,700? Unlikely, say 2 derivatives metrics Ethereum rally to ,700? Unlikely, say 2 derivatives metrics](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvYWRmNjRlNjMtMjUyZC00YTY2LWIzMzItYWEwOGMzNWU0MDI4LmpwZw==.jpg)
Ether derivatives were unable to maintain elevated levels of optimism, despite the potential spot ETF and recent macroeconomic data.