Ethereum may be on the verge of a "revenge rally" as it approaches a demand zone at $2,500. This level has caught the interest of traders, particularly due to increased activity in ETH derivatives markets. The potential for a bounce from this zone could offer new buying opportunities for investors.
Such movements in Ethereum's price and market interest suggest that traders are keeping a close watch on developments. The renewed activity could indicate a shift in market sentiment, possibly leading to a price surge if the demand zone is robust enough to support a rally.
