ETH/USDT · Ethereum

## ETH/USDT overview
ETH/USDT is driven by Ethereum upgrades, on-chain activity, staking yields, DeFi/NFT cycles, crypto risk appetite and USD liquidity. Compared with BTC, ETH is more sensitive to ecosystem and technology changes.

## Trading risk
When trading via CFD or perpetuals, distinguish spot, CFD, perpetual and margin rules. Weekend volatility, funding rates and liquidation mechanics materially change risk.