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Ether bounces above $1.2K, but derivatives metrics show traders fear a collapse

Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ether bounces above $1.2K, but derivatives metrics show traders fear a collapse

Demand for leverage buying remains absent in ETH despite the recent bounce to $1,200 as the U.S. Federal Reserve continues to hike interest rates.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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