Ethereum's funding rates have shown signs of positivity, reflecting traders' increased interest and optimism in the altcoin. This could lead to a significant price boost to the $4000 mark.
Moreover, network activity on Ethereum has been robust, indicating higher usage and transactions which often positively impact price movements.
Lastly, the adoption of Layer 2 (L2) solutions is also on the rise, further supporting a bullish outlook for Ethereum.
