Ethereum Gains QCP Analysts’ Attention
Analysts of one of the biggest crypto firms, QCP Capital, have noticed something peculiar about the Ethereum options market. According to these analysts, risk reversals for Ethereum front-date expiries have recently turned negative. As a result, the analysts have advised vigilance regarding a potential Ethereum market correction.
These negative risk reversals have also increased investors’ desire to protect themselves against a possible decline in Ethereum prices. Despite their concerns about Ethereum (ETH), QCP Capital analysts expect any price drop to be met with aggressive buying.
Binance Coin Raises Speculation Among Investors Despite Price Surge
Binance Coin has demonstrated a bullish performance in the past month. In March 2024 alone, Binance Coin skyrocketed by 61%. The Layer 1 coin reached $645 on March 16, 2024, its highest level since November 2021. This surge has brought Binance Coin close to its all-time high of $690. Market analysis has shown that the current Binance Coin price is within 7% of its all-time high value.
This impressive upward trajectory makes Binance Coin investors wary about its growth. Speculation about Binance Coin’s potential to surpass previous highs is increasing BNB investor interest in alternatives like Pushd.
Bearish Market Conditions Could Affect the New Polkadot Upward Trend
The recent market conditions lifted prices for several cryptos, including Polkadot. Polkadot experienced positive ecosystem developments alongside its price rally. Due to the price uptick, development activity around the Polkadot ecosystem has remained impressive. This is consistent with the history of high development activity on the Polkadot network. Despite this, the weighted sentiment around Polkadot is still negative.
Pushd Could Soon Be the Face of the E-Commerce Industry
Pushd introduces itself as a decentralized web3 platform allowing seamless crypto transactions between buyers and sellers. Sellers use the Pushd platform to present their products to interested buyers so they can make purchases through fixed-price listings or auctions.
Pushd’s successful live presale could be its main catalyst for taking over the e-commerce and crypto industries. The presale is currently in stage 6 and offers Pushd tokens at $0.144 each.
Despite being new, Pushd has not gone unnoticed by crypto investors. Its ecosystem features and presale have gained the attention of Ethereum, Binance Coin and Polkadot holders.
