CandleFocus

Ethereum Funding Rate Surge Signals ETH Price Rally to $3,000

The price of Ethereum (ETH) has remained stable above $2,600 despite market fluctuations. This stability is attributed to an increase in the Ethereum funding rate, indicating positive sentiment among investors. The development in the derivatives market suggests that investors are optimistic and anticipating a potential rally for ETH, with a target of $3,000.

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