Ethereum (ETH) is on the rise! 🚀 Over the past week, the cryptocurrency has shown positive dynamics, and analysts are confident in the potential for further growth. According to CryptoQuant, futures bets on ETH indicate that the market is not overheated yet, which could lead to new achievements in the coming weeks.

Last week, ETH reached a six-month high of $3,680, but later corrected to $3,540. Interestingly, current betting levels show that the cryptocurrency is not overvalued and is not at risk of a sharp decline. Historically, sharp jumps in betting have often preceded volatility, but there is now room for growth.