@codeconundrum
$ETH CME futures negative premium seems to be recovering. If we see a premium bottom forming here, it’ll be tough for ETH to keep its previous bullish momentum…
After all, we saw a similar pattern play out back in March 2024.
Currently, I’m still holding 40% spot. From an opportunity cost perspective, I probably won’t sell any more—as long as this position feels comfortable, it’s the right size for me.
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