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Ethereum's Open Interest and Derivatives Signal Bullish Momentum

1 min read
Source: AMBCrypto
Ethereum's Open Interest and Derivatives Signal Bullish Momentum
Photo: AMBCrypto
TL;DR Summary

Ethereum has experienced a significant rally with over 50% monthly returns and a record $60 billion open interest, indicating strategic accumulation rather than speculation. Despite nearing the $4,000 resistance level, on-chain data shows strong fundamentals and institutional positioning, suggesting potential for a breakout beyond $4K.

Topics:business#cryptocurrency#dollar4k#eth#ethereum#market-analysis#technology
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  1. The case for Ethereum – Why its $4K setup isn’t just speculation!  AMBCrypto
  2. Ethereum CME Futures Open Interest Hits Record $7.85B – Is ETH Overheating?  TradingView
  3. Ethereum News Today: Ethereum Derivatives Signal 8% Premium, Institutional ETFs Drive $5K Potential  AInvest
  4. Ethereum and Bitcoin (ETH, BTC) Open Interest Surges: Key Volatility Signals for Crypto Traders  Blockchain News
  5. Ethereum open interest hits 2-year peak in dominance as funds spill over from Bitcoin  Mitrade

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