"Traders in the Ethereum market are significantly increasing their use of leverage as the positioning in futures contracts experiences a notable surge. This rise in leverage indicates a growing confidence among traders regarding the future performance of Ethereum. To maintain this bullish momentum, it is essential for the price of Ethereum to break through a specific resistance level, which is critical for the bulls to establish stronger control over the market."
source: https://blocknews.com/ethereum-traders-load-up-on-leverage-as-futures-positioning-surges-here-is-the-level-bulls-need-to-break/