BitMEX Analysts Reveal Ethereum Shorts, Hinting at Cryptocurrency Price Reduction

The research division of the derivatives exchange BitMEX made a somewhat unusual forecast for the price of the secondon cryptocurrency capitalization by publishing Ethereum Shorts.

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“When we made forecasts for 2020, we don’tmentioned ETH. 2020 has already come, and following the advice of Udi Wertheimer, despite the frosts, we are going to wear our Ethereum shorts. The most difficult thing is to find out the moment when they need to be removed ”

Bitcoin developer Udi Wertheimer recentlytime quite often criticizes the second largest cryptocurrency by capitalization. For example, in November, he announced that within a year TRON will become the leading platform for decentralized applications, having displaced the air from the pedestal.

However, Ethereum has been showing moderate growth recently, trading at $ 140 at the time of writing:

TradingView Bitfinex four-hour ETH / USD chart

Over the past seven days, ether has grown faster than Bitcoin, XRP, Litecoin, EOS and Binance Coin:

Data: CoinMarketCap

Recall, recently, BitMEX analysts expressed the opinion that in 2020, Bitcoin will be traded in the range of $ 2,000- $ 15,000.