Ether Price Faces Potential Correction Despite Recent Strength
• Ether prices could see a correction despite passing $4,000, according to trading firm QCP Capital
• Sentiment shift marked by negative risk reversals and low probability of spot ETF approval in near future
• Network upgrades historically have little price impact in bearish markets, but price reflexivity possible now
• Concern about high market leverage, but traders likely to buy any dips
• Ether has outperformed top cryptos over past month, gaining 54% versus 50% for CoinDesk 20 index