Market insight

$ETH ’s 2.99% price rise in 24 hours stems from bullish technical indicators, surging derivatives activity, and institutional ETF inflows.

Derivatives dominance: ETH overtook #Bitcoin in 24h derivatives volume ($59.21B vs $56.33B)

Technical breakout: Golden Cross confirmed on weekly charts, breaking above key moving averages

Institutional demand: $148.5M inflows into $ETH ETH-linked products in past week