Ethereum $ETH
Targets $5,800 as Open Interest Hits New High
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Ethereum trades near $3,800 as open interest hits a record 7.1M, signaling bullish momentum and targeting a breakout above $5,800.
Ethereum eyes a 54% rally toward $5,871 as open interest hits 7.1M, signaling strong trader confidence and growing market momentum.
A breakout from a multi-year downtrend in early 2023 laid the groundwork for Ethereum’s bullish structure and recovery into 2025.
Consistent higher highs since 2023 and record open interest indicate Ethereum’s uptrend is gaining strength ahead of key resistance tests.
