Interest in ether futures has fallen to its lowest since July 2022

Last week, ether (ETH) was on the verge of falling below $1600. On August 23, the altcoin fell to $1604, but on the same day it rebounded to $1695.
The subsequent wave of sell-offs triggered a decline in ETH to $1650. In the range from $1660 to $1680 is the nearest resistance zone, and the bulls are unable to push the cryptocurrency above this level.
On the night of Tuesday, August 29, the ETH exchange rate sagged to $1645. The decline in the spot price led to a weakening of interest in ether futures.

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