The recent activity around Ethereum has sparked a bullish price prediction, highlighting the critical $2.7K level. Market watchers are keen to see if this level will hold or break, driven by fluctuating Open Interest.
The variability in Open Interest in recent days points to a lack of market conviction, indicating that traders are cautious about making firm bets on Ethereum's direction.
As Ethereum hovers around this magnetic zone, the coming days will be crucial in determining its short-term trajectory.
