{"id":33163,"date":"2025-06-23T12:01:43","date_gmt":"2025-06-23T12:01:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33163"},"modified":"2025-06-23T12:01:43","modified_gmt":"2025-06-23T12:01:43","slug":"ethers-leverage-driven-rally-faces-breakdown-risk-matrixport-warns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33163","title":{"rendered":"Ether&#8217;s Leverage-Driven Rally Faces Breakdown Risk, Matrixport Warns"},"content":{"rendered":"<div>\n<p>Ether\u2019s ETH recent rally may be on shaky ground with one firm warning that last week\u2019s price surge was largely fueled by speculative futures positions instead of a bump in organic demand.<\/p>\n<p>In a note on Monday, Matrixport opined that \u201cleveraged traders have pushed [ETH\u2019s] price higher in the absence of fundamental support,\u201d adding that this made the asset more susceptible to the \u201coutsized decline\u201d the asset saw over the weekend.<\/p>\n<p>Ether slumped over 8% in a Saturday sell-off, leading losses among majors as traders reacted to the U.S. attack on Iranian nuclear sites in a surprise airstrike.<\/p>\n<p>The firm pointed to last week\u2019s sharp drop in ETH as evidence of this position-driven fragility and warned that elevated leverage levels could continue to pressure prices.<\/p>\n<p>At press time, ETH traded near $2,248 \u2014 down from last week\u2019s high above $2,400 \u2014 as derivatives data showed traders aggressively hedging downside risk.<\/p>\n<p>Options market signals echo that caution, as CoinDesk analyst Omkar Godbole <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/21\/what-are-savvy-bitcoin-and-ether-traders-preparing-for-as-summer-approaches\">noted over the weekend<\/a>. According to data from Amberdata, ETH\u2019s 25-delta risk reversals \u2014 a measure comparing the cost of puts versus calls \u2014 have skewed negative across June to July expiries. This suggests investors are paying up for protection against downside volatility.<\/p>\n<p>QCP Capital further noted in a weekend market update that \u201crisk reversals in both BTC and ETH continue to show a preference for downside protection,\u201d adding that long holders are actively hedging their spot exposure.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/06\/23\/sol-xrp-doge-lead-altcoin-recovery-after-1b-weekend-liquidation\">SOL, XRP, DOGE Lead Altcoin Recovery After $1B Weekend Liquidation<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ether\u2019s ETH recent rally may be on shaky ground with one firm warning that last week\u2019s price surge was largely fueled by speculative futures positions instead of a bump in organic demand. In a note on Monday, Matrixport opined that \u201cleveraged traders have pushed [ETH\u2019s] price higher in the absence of fundamental support,\u201d adding that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33163","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33163"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33163\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}