Bitcoin is experiencing a strong upward trend following the U.S. elections, while Ethereum has yet to reach a new peak. Nevertheless, Ethereum still shows many positive signs.
- The estimated leverage ratio of Ethereum is at a high level, indicating that investors are willing to take on significant risks.
- The funding rate of Ethereum is moderately positive, suggesting that buying positions are dominant but not excessive, allowing room for price increases without major liquidation concerns.
- The Korean Premium index for Ethereum has turned positive and shows a significant spread, reflecting increasing interest from the Korean market.
- The amount of Ethereum held by funds continues to grow steadily, even during market corrections, indicating confidence from both institutional and individual investors.
Overall, Ethereum still has positive prospects as investors are willing to maintain and increase their investments.