$ETH

Ethereum (ETH) trading involves a pool of prices where traders increase open interest at registration levels. Data shows that ETH open interest is at record highs after months of regulated trading and sideways price action.

After months of sideways trading, ETH is moving around $2841.14, indicating a potential larger breakout. The recent expansion in open interest is also seen as a rotation from BTC, aiming to capitalize on high-risk assets with potentially greater returns. ETH is still viewed as a signal for a new AltCoin market, aiming to challenge BTC's dominance.