(ETH) Will the derivatives keep the price above $1K?

ETH-Will-the-derivatives-keep-the-price-above-1K

We have not seen such an amount of $ETH in derivative exchanges for many months, currently, we have already passed 13M coins. 

The last time the reserves had these amounts, the price formed a double bottom, not letting $ETH fall further.
In the second metric, we can see how there is an accumulation of purchase volume very similar to what we saw in that double bottom in June-July 2021.
Therefore, we expect these trades to be enough to consolidate the price above $1,000.