$ETH
Ethereum (ETH) is currently trading at around $2,670, with an increase of 7% in the last 24 hours. However, market analysis shows a mix of positive and negative forecasts.
*Positive forecasts:*
- *Investment in index funds*: Ethereum's spot index funds have received 97,800 ETH in four weeks, totaling 3.77 million ETH.
- *Open interest*: Open interest in Ethereum futures contracts has reached a record level of $39.22 billion, reflecting a 12.7% increase in the last 24 hours.
*Negative forecasts:*
- *Technical analysis*: Technical analysis of Ethereum shows negative signals, with expectations of a price drop to levels of $2,013.
- *Negative patterns*: Ethereum's chart shows negative patterns, such as the formation of a double top and a decrease in momentum.
*Analysts' opinions:*
- *Positive expectations*: Some analysts believe that Ethereum will reach levels of $3,320 or even $4,000 in the near future.
- *Negative expectations*: Others believe that the price will drop to levels of $2,500 or even $2,398 ¹.