Ethereum CME Futures Gap: What’s Next for ETH Prices

Ethereum's CME futures gap between $2,430 and $2,270 has been filled. Two unfilled gaps remain above. Will ETH follow the historical pattern?

  • Ethereum’s CME futures gap between $2,430 – $2,270 has been filled.
  • Two gaps remain at $2,540 – $2,620 and $2,900 – $3,310.
  • ETH price trends suggest gaps are historically likely to be filled.

Ethereum traders and investors closely monitor CME (Chicago Mercantile Exchange) futures gaps, as they often indicate potential price movements. Recently, ETH successfully filled the gap between $2,430 and $2,270, bringing attention to the two remaining unfilled gaps above—one between $2,540 and $2,620 and another between $2,900 and $3,310.

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Historically, these gaps tend to be filled sooner or later as market trends push prices in both directions. This raises the question: Will Ethereum continue its upward momentum and close these remaining gaps?

Why Do CME Futures Gaps Matter?

CME futures gaps occur when there is a significant price difference between the closing price of one trading session and the opening price of the next. These gaps happen because the CME does not operate 24/7 like crypto exchanges, creating discrepancies between traditional and crypto-native markets.

In the past, Ethereum has consistently filled these gaps, making them a key indicator for traders. If history repeats itself, ETH may attempt to move towards the $2,540 – $2,620 range first and then aim for the higher target of $2,900 – $3,310.

What’s Next for Ethereum?

With the lower gap now closed, market participants will closely watch ETH’s price action in the coming days. If bullish momentum persists, Ethereum could push towards filling the next unfilled gap at $2,540 – $2,620. However, market volatility, macroeconomic factors, and investor sentiment will play crucial roles in determining ETH’s direction.

For traders, these levels could serve as potential targets or resistance zones, depending on market conditions. If Ethereum follows its historical trend, these gaps could eventually close, offering both short-term trading opportunities and long-term investment insights.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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