Everything looks normal for $ETH.

OI is still the same it was a few day ago, and the funding rate is still in neutral territory.

Spot demand is not there, just like BTC as they are slowly becoming an institutional asset.

It's been 7 weeks since ETH has going sideways, and it'll break out really soon.

Coinbase pumping, staking approval talks and ETFs inflows indicate that breakout will most likely happen to the upside.