ETH maxis call for $3,000, but data shows that professional Ether traders are positioned cautiously

The price of Ether is on the verge of breaking the $3,000 resistance, but the key components needed to maintain the level are still missing.

ETH maxis call for $3,000, but data shows that professional Ether traders are positioned cautiously

MARKET ANALYSIS

Key conclusions:

ETH futures and options markets show doubts despite inflows into spot ETFs and rising TVL figures.

The growth of Layer 2 Solutions and lower fees have not translated into increased demand for ETH or sustained price momentum.

Ether Price

ETH

€2546

rose 13.5% in two days, reaching $2,925 on Thursday, but traders remain unconvinced of a short-term move above $3,000. Despite the recent bullish momentum, ETH derivatives markets show a lack of confidence, raising doubts among traders about the potential for greater gains.

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