Topic: Ether Traders May Be Hedging Against De Fi Slowdown. (Read 62 times)
Almost all of the defi have been plunged so much and that could be the sense reason too. The defi slowdown is coming and ethereum traders must try to anticipate this bearish trend.
I should remind you that some defi has become exit scam project and the developer has been running away with all of ethereum in the liquidity pool.
That will create another fear for the traders to put their money in the long term position.
The defi market can be burned anytime by the scammers.
This is the next trend for DeFi projects so expect a much worst price drop especially on those projects that pumps so high without any basis.
There are too much projects doing this right now on the eth market. Many traders are hook on investing on these shitcoins thats why so many have loses fund. Well other people take benefit on this but of course this is quite risky compared to real defi projects. If I were those investors I focus more on major crypto instead of these.
A sign for the upcoming bearish trend?
Who knows? we don't even know that the last month of the 1st quarter of this year got into a bearish trend. The drop may be expected to come as most projects will be ignored and many who have made profit from it will start to cash in their profits.
Well, this could be a sign of a smoother network then?
Who knows? we don't even know that the last month of the 1st quarter of this year got into a bearish trend. The drop may be expected to come as most projects will be ignored and many who have made profit from it will start to cash in their profits.
Well, this could be a sign of a smoother network then?
This is the next trend for DeFi projects so expect a much worst price drop especially on those projects that pumps so high without any basis. Traders are doing their best to win in this market, they should not get hyped and they should stay focus on their strategies, soon bear trend will appear on many DeFi projects, be prepared.
Options market data shows increased activity in ether (ETH) puts, or bearish bets. According to one trader, that reflects fears of a drop in prices led by a slump in decentralized finance (DeFi).
https://www.coindesk.com/ether-options-traders-hedging-defi-price
https://www.coindesk.com/ether-options-traders-hedging-defi-price
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