**Ethereum: Positive Signals Despite Slow Momentum**

- The on-chain metrics for Ethereum are painting an optimistic outlook for ETH, despite the slow upward momentum in recent weeks. Although it has not kept pace with BTC after the US elections, the indicators suggest a short-term upward trend. 📈

- According to EgyHash's analysis from CryptoQuant, the estimated leverage ratio and funding rate of Ethereum indicate optimism from traders regarding ETH's profit potential.

- The Korean Premium Index shows increasing interest from the Korean market, signaling positive sentiment.

- Ethereum funds and large investors are actively buying in, reaching an all-time high with 57% ownership. 🐋

- Data from CoinMarketCap shows ETH trading at $3,344, down 14% weekly but slightly up in the last 24 hours.