Ethereum Rise Driven by Spot Demand

My friends, the recent rise in Ethereum is due to spot demand, not leveraged trading.

Financing rates are low, meaning this movement is organic and healthy.

This tells us the following:

✔️ Price increase is not speculative.

✔️ Liquidation risk is low.

✔️ The foundation of the rise is strong.

In the course of time, as confidence increases, we may also see a rise in financing rates.

For now, the outlook is positive!

$ETH #Ethereum #Crypto