“ETH Futures Sentiment Improving...$4000 Breakout Key”

“Ethereum is finding support at $3500 and a break above $4000, an important psychological and technical resistance level, will unleash a fresh rally,” says CryptoPotato. As Ethereum bounced back near the $3000 support level, there was a noticeable increase in the market's bid/ask ratio, one of the indicators that measures investor sentiment in the futures market. This suggests that investors are optimistic about the short-term price trend.