📈 Ethereum Approaches Its Historical Peak 🚀 — Are We Seeing $5,000 Soon?🤔
The price of Ethereum has jumped strongly above the $4,000 level driven by increasing buying momentum, achieving a weekly gain of +18%, which led to the liquidation of short positions worth $184 million in just 24 hours, a clear indication of strong demand.
📌 Market Data: Strong momentum and increasing buying
Open Interest rose to $51.61 billion (+10% in 24 hours), reflecting traders' confidence and readiness to ride the upward wave.