According to ChainCatcher, Matrixport released a chart today showing that as open interest and funding rates rise, traders are preparing for a potential rebound in Ethereum.
The current price is relatively low, and when most of the market is paying attention to the Meme coin of the Solana ecosystem, increasing holdings of Ethereum is particularly attractive. Futures traders are also constantly adjusting their strategies to seize this potential upside opportunity.
No matter how the market fluctuates, it is key to maintain rational investment. Only by continuing to pay attention to market trends and understand the latest market data can you be at ease in the crypto world. 📈🌐