🚀 **Ether Rockets to a Three-Week High!**
- **ETH Surges:** Ether (ETH) jumped 11.7% from Sept. 17-19, hitting $2,572, its highest in three weeks. Traders are keeping an eye on the increased leverage in futures contracts, wary of potential price swings.
- **Market Momentum:** The broader crypto market also saw an 8.3% gain, thanks to a U.S. interest rate cut and strong labor market data. Even the S&P 500 hit an all-time high!
- **Stable Futures Premium:** Despite the excitement, the ETH futures premium remains stable at 6%, indicating balanced leverage between bullish and bearish positions.
- **Retail Demand:** Binance and Bybit dominate the Ether futures market, hinting at strong retail interest.
Keep those seatbelts fastened, crypto-nauts! 🌌