ETHUSDT futures, looking for the short on a limit order, I believe price has rallied to some resistance now, we can see some sell. I could be wrong also. DYOR
Paradigm explained that:
“We can infer how much the market estimates ETHPOW will be worth from simply looking at spot-future basis, since spot = PoS + PoW, while future is just PoS. Currently, the basis implies ETHPOW to be priced ~$18, which is ~1.5% of ETH market cap.”
Ethereum pow can increase to 18$.
