Ethereum Futures Open Interest Reaches Record High, ETH Price Surges 4%
Institutional interest surges ahead of Ethereum's major upgrade in mid-March. Futures market hits all-time high, driven by confidence and anticipation.
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Institutional interest surges ahead of Ethereum's major upgrade in mid-March. Futures market hits all-time high, driven by confidence and anticipation.
Standard Chartered predicts Ethereum's potential surge to $4,000 by May, fueled by expected spot ETF approval. Caution advised amid market dynamics and regulatory uncertainties.
Ethereum’s eagerly anticipated Shanghai upgrade, which will enable the withdrawal of staked ETH, will likely occur in the first two weeks of April.
A lower supply of a digital asset in circulation means that fewer of it is available to the general public.
An ascending triangle setup promises major price rebound in the Ethereum price in 2022.
Traders are bullish on Ethereum, but derivatives data suggests $4,000 is a long way off in the short term.
BTC and altcoins are dropping to retest lower support levels and bulls have yet to buy into the current dip.
Short-term analysis sets a $2,400 price target for ETH, but data shows smart money continues to accumulate in anticipation of the Merge.