Kalshi: Ethereum Perpetuals Launch on Platform

Kalshi has activated Ethereum Perpetuals trading, marking the first CFTC-regulated perpetual futures product for ETH available to American users and extending the platform's history of CFTC-regulated perpetual futures in the US beyond prior Kalshi crypto or derivatives product launches.

Price action on the 4h chart shows ETH at $1791.03 inside the Bollinger Bands with lower support at $1717.23 while the EMA50 at $1949.69 and EMA200 at $2120.66 cap upside; the MACD death cross at -59.92 keeps the structure bearish even as RSI at 32.3 leaves room for a relief bounce toward the 50-EMA before any deeper test of band support.