ManuelRD
--
Bullish
🌋🔥🌋🔥
ETH data and the return of investor risk appetite pave the way for an Ether price of $5,000
Robust on-chain activity, a resilient futures market, and improved investor optimism boost the likelihood of ETH reaching $5,000.
Ethereum network activity increased by 63% in 30 days, reinforcing the case for an imminent breakout to $5,000.
Open interest in Ether futures jumped to $69 billion, highlighting robust demand for leveraged exposure.
It surged to its highest level in nearly four years on Friday, triggering $351 million in liquidations of leveraged bearish bets.
This surge came after investors priced in a less restrictive monetary policy in the United States, following comments from U.S. Federal Reserve Chairman Jerome Powell.
#ETHBreaksATH
#CryptoRally
#ETHInstitutionalFlows
#PowellWatch
$ETH
$BNB
ETH data and the return of investor risk appetite pave the way for an Ether price of $5,000
Robust on-chain activity, a resilient futures market, and improved investor optimism boost the likelihood of ETH reaching $5,000.
Ethereum network activity increased by 63% in 30 days, reinforcing the case for an imminent breakout to $5,000.
Open interest in Ether futures jumped to $69 billion, highlighting robust demand for leveraged exposure.
It surged to its highest level in nearly four years on Friday, triggering $351 million in liquidations of leveraged bearish bets.
This surge came after investors priced in a less restrictive monetary policy in the United States, following comments from U.S. Federal Reserve Chairman Jerome Powell.
#ETHBreaksATH
#CryptoRally
#ETHInstitutionalFlows
#PowellWatch
$ETH
$BNB
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