Ethereum Struggles Below $2K as Derivatives Markets Shed 80M ETH in Open Interest

TLDR: Ethereum rejected at $2.1K resistance after breaking support, confirming bearish structure remains intact  Open interest declined 80M+ ETH across exchanges in 30 days, with Binance leading at 40M reduction  Technical framework requires sustained reclaim of $2.1K-$2.15K range to shift bias back to bullish   Derivatives market cleanup reduces leverage risk and may establish foundation [...]

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