🚀 Ethereum Futures Explode: Open Interest Hits ATH! 📈
🔥 $50B in Derivatives Positions – Action Incoming!
According to CryptoQuant, open interest in $ETH futures has surged to an all-time high of $50B, signaling a massive wave of volatility ahead. Analyst Ted Pillows says:
🧠 “Buckle up and enjoy the Ethereum ride!”
📊 What’s Fueling the Move?
✅ Massive futures & options activity
✅ High on-chain engagement
✅ Surge in validator participation
✅ Layer-2 growth
✅ Macro boost from the U.S. GENIUS Act – paving the way for crypto clarity
📌 Price Action Update:
📍 ETH breaks key resistance at $3,500
📈 Targeting next resistance at $3,742.95
🎯 Bullish outlook toward $4,000–$4,200
🛑 Key Support: $2,852.16 – critical for maintaining momentum.
💥 All major SMAs broken: 50, 100, and 200 = long-term bullish confirmation
👀 ETH is leading the charge.
Are you riding the breakout or watching from the sidelines?
#ETHBreakout3.5k #EthereumATH #CryptoMarket4T #ETHBullish #BinanceNews #ETH #BTC #AltcoinSeason #DeFiMomentum
