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This key Ethereum price metric shows ETH traders aren’t as bearish as they appear

Traders keep saying ETH price will collapse below $1,600 soon, but a key trading metric shows most are unwilling to place bearish bets below $1,900.

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bitcoin
Bitcoin (BTC) $ 23,412.27
ethereum
Ethereum (ETH) $ 1,840.00
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 0.375714
dogecoin
Dogecoin (DOGE) $ 0.082531
polkadot
Polkadot (DOT) $ 8.43
binance-usd
Binance USD (BUSD) $ 1.00
uniswap
Uniswap (UNI) $ 8.06
litecoin
Litecoin (LTC) $ 60.47
bitcoin-cash
Bitcoin Cash (BCH) $ 134.46
solana
Solana (SOL) $ 41.36
chainlink
Chainlink (LINK) $ 8.14
stellar
Stellar (XLM) $ 0.121158
shiba-inu
Shiba Inu (SHIB) $ 0.000015