📈 Ethereum is outpacing Bitcoin — at least in the derivatives market.

Over the past 24 hours, ETH recorded $59.2B in derivatives volume, overtaking BTC's $56.3B.

Key drivers:

• 7.63% jump in ETH open interest in a single day

• Rising liquidity + bullish leverage building up

• Support forming near $2,800 — critical for an upward breakout

• Resistance at $3,000, with downside risk around $2,400–$2,500

Though the Altcoin Season Index is at a low 24, that often marks the start of recovery cycles. If ETH holds its ground, it could ignite the next altcoin wave 🌊

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