The conditions necessary for the growth of Ethereum have already been mentioned..
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Trader sentiment on Ethereum needs a little push for the price to rise. This is the conclusion reached by CryptoQuant. The analyst notes that such a scenario will be possible when the funding rate for perpetual ETH contracts exceeds 0.015%. Support from futures markets played an important role in the rally, the review said. Since the start of the month, the value of ETH has not been able to rise above $2,500, a critical resistance. If it breaks through
, the $576 million short position would be at risk of being liquidated. Ethereum's lag compared to its competitors can be explained by the current market structure combined with weakening on-chain metrics. Analysts note the potential for spot Ethereum ETFs to provide support amidst a greater focus on similar Bitcoin-based products. If you look at the chart there is a possibility that it will rise the same as in the previous period or possibly higher, but it all depends on the market. This is possible. Remember every trade made is Take responsibility for yourself and stay motivated
