Ethereum (ETH) is gaining attention in the crypto space due to strong indicators suggesting growth despite not hitting new highs. Analysts highlight positive metrics showing investor confidence from both institutional and retail sectors. EgyHash, a CryptoQuant analyst, points out that Ethereum’s leverage ratio and funding charges indicate strong market sentiment.
Key factors such as Ethereum's elevated leverage ratio suggest a willingness to take risks, reflecting confidence in its upward potential. Analysis by EgyHash further suggests that positive funding rates, not too overheated, allow room for price increases without large liquidation risks.
The Korea Premium Index also shows greater buying activities in South Korean exchanges, supporting Ethereum’s price. Institutional investors continue to increase their holdings, indicating a positive long-term view on Ethereum. Overall, both institutions and individual traders contribute to Ethereum's stable perspective.
