#ETH Steadies with Neutral Funding as Spot Demand Fades and Breakout Looms
Ethereum’s funding rate stays neutral and open interest flat as ETF inflows and institutional trends fuel upside breakout hopes.
Ethereum has held steady for seven weeks with neutral funding rates and stable open interest, signaling strong market positioning.
ETH short positions hit all-time highs, echoing past setups where price surged significantly within a short timeframe.
On-chain signals, Coinbase movement, and ETF inflows suggest Ethereum may soon break out of consolidation to the upside.
Ethereum (ETH) is currently 3 priced at $2,456.52 after a 1.18% rise in the past 24 hours. Over the last seven days, ETH has gained 8.68%, as market observers monitor early signs of a potential breakout after weeks of sideways movement.
