CBOE Considers Transitioning Bitcoin and Ethereum Futures to Perpetuals

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

ETH-0.109%

BTC+0.164%

Explore Agentic TradingLet AI Trade for You

Futures Transformation: The Chicago Board Options Exchange (CBOE) is evaluating a shift from its existing Bitcoin and Ethereum futures to perpetual futures, signaling a growing convergence between traditional finance and crypto trading instruments.
Positive Regulatory Signals: The U.S. Commodity Futures Trading Commission (CFTC) recently indicated a willingness to allow registered U.S. trading platforms to list perpetual futures, paving the way for a product that has thrived in offshore markets to enter the U.S. market.
Increased Market Liquidity: The introduction of perpetual futures could attract more institutional liquidity into digital asset markets, providing traders with a transparent and regulated environment, thereby advancing the maturation of digital assets as an institutional asset class.
New Risk Management Challenges: While perpetual futures offer flexibility, their funding rate mechanism and potential for infinite leverage introduce new risk management considerations for exchanges and regulators, necessitating careful navigation.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like ETH with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for ETH

Technical Sentiment Analysis for Ethereum (ETH). As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Ethereum (ETH) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1451.677	1553.288	1646.317	1747.928	1840.957	1942.568	2035.597
Fibonacci	1553.288	1627.641	1673.576	1747.928	1822.281	1868.216	1942.568

About ETH

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on ETH?

Get Started Free