Foresight News reports that CryptoQuant analyst ShayanBTC stated that the Ethereum funding rate indicator in the futures market has surged to its highest level in months, coinciding with a significant price rebound. This highlights strong bullish sentiment, with traders expecting to reach new all-time highs. However, the market may need to adjust to maintain this momentum.
CryptoQuant Analyst: Ethereum Funding Rate Hits Multi-Month High, Rebound Indicates Bullish Momentum but Correction May Occur
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