3 hours ago

Ethereum Price Could Rally Beyond $5,000 Soon, But There’s a Catch

TLDR: Ethereum price trades at $4,058 after a 3.98% daily gain, with traders eyeing recovery beyond $5,000. Open interest in Ethereum futures dropped 45% from its peak, reducing market speculation pressure. Technical analysts see a bullish setup if ETH reclaims $4,100 and holds it in the short term. The MVRV Momentum death cross reappears, warning [...]

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Source: Blockonomi →