ETH CME Futures Gap Filled

10 Nov

Ethereum's CME futures gap, which had been present for around 90 days, has finally been filled. Typically, CME futures gaps tend to act as magnet levels, drawing the price back to fill these gaps over time. This time, ETH took about three months of consolidation before returning to fill the gap at the $3000 level.

Filling this gap can signal renewed momentum. As history has shown, once a futures gap is filled, price can either continue the trend or establish a new support/resistance area around the gap level.

Regards
Hexa