🚀 Ethereum Futures Explode—Open Interest Hits ATH, Action Incoming! 📈💥
CryptoQuant data published by analyst Ted Pillows shows open interest in ETH derivatives at a record $50 billion. “Buckle up and enjoy the Ethereum ride,” Pillows said, predicting dramatic price activity because to increased volatility. This amount of open interest is historically noteworthy and frequently indicates a big move by huge players.
A large growth in ETH futures and options capital implies investor confidence and directional momentum. High open interest may cause a quick rally or drop, but on-chain and macro fundamentals suggest a bullish market.
Active addresses, validator engagement, and Layer 2 activity keep Ethereum growing. More crucially, the US GENIUS Act clarifies stablecoins and establishes the groundwork for crypto regulation, benefitting Ethereum directly as the foundational layer for DeFi and real-world asset tokenization.
ETH Breaks Out Targeting Key Resistance
The 3-day chart shows Ethereum (ETH) closing at $3,588.26, confirming a strong breakthrough over $3,500. After rallying from late June lows, the price is up over 70% in less than a month. Importantly, ETH has broken all key moving averages, including the 50, 100, and 200 SMAs, indicating longer-term bullish momentum.
Volume has surged dramatically throughout this breakout, strengthening the move. The next big barrier is $3,742.95, a local peak earlier this year. A closing above this barrier might allow a retest of $4,000–$4,200.
On the downside, $2,852.16 is critical support. Previous consolidation and breakout occurred at this level, when resistance and the 200-day moving average met. Maintaining bullishness requires holding above this zone.
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#Trump -backed DeFi project WLFI reveals token unlock plan
WLFI, the DeFi project tied to the Trump family, announced that no tokens owned by the team, advisors, or co-founders will unlock at launch.
There are also no plans for an additional private sale.
Only a portion of tokens from the public sale — purchased at $0.015 and $0.05 — will unlock initially. The rest will be subject to a community vote to determine the final unlock schedule.
The WLFI team also reiterated their partnership with a major centralized exchange, signaling ongoing support post-launch.
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✅ 5 BIGGEST MISTAKES NEW TRADERS MAKE DURING A BULL RUN! 🚨💸
The bull run brings massive opportunities… but many new traders FAIL to profit because of these critical mistakes 👇
❌ FOMO BUYING AT THE TOP
The hype is REAL — but jumping in blindly when prices are sky-high often leads to heavy losses. Patience always beats panic!
📉 NO EXIT STRATEGY = NO PROFITS
If you don’t know when to sell, you’ll watch your gains vanish. Always set clear targets and respect your plan!
💥 OVERLEVERAGING TO GET RICH QUICK
Using high leverage without experience is like playing with fire! One wrong move and your whole account can get liquidated. ⚠️
🧠 FOLLOWING THE CROWD, NOT THE CHART
Just because everyone’s buying doesn’t mean it’s the right time. Learn technical analysis — be the shark, not the fish. 🦈
🧊 EMOTIONAL TRADING KILLS PROFITS
Fear and greed are your worst enemies. Stay calm, stick to logic, and manage risk like a pro. 💼
🚀 WANT TO SURVIVE & THRIVE THIS BULL RUN?
Start by avoiding these mistakes… and trade like the smart money does. 💰📊
#BinanceSquare #ETHBreaks3700 #StablecoinLaw #CryptoMarket4T #Write2Earn $BTC $ETH $XRP @Binance_Square_Official