#Ethereum on the rise: $3000 within reach?
#Ethereum✅ um increased by 5% in the last 24 hours, settling at $2644. Since the beginning of the year, the increase has been almost 86%, and analysts see potential for continued movement towards the psychological mark of $3000.
🔵 Open interest in ETH futures has risen to $35.67 billion — nearly an all-time high.
🔵 Inflow into ETH-ETF last week amounted to $321 million — a record since December.
🔵 On Binance, the ratio of long to short positions in ETH is 1.8 in favor of bulls.
The chart confirms the bullish sentiment:
— The price remains above the rising trend line and SMA 50
— Aroon Up indicator at 92.87% — strong uptrend
— MACD is forming a bullish crossover
All of this indicates the possibility of continued growth. If the current dynamics persist, #Ethereum✅ m may test the $3000 level in the near future.
