$ETHUSDT

Ethereum confidently surpassed resistance at $2900, holding above the key level amid a strong increase in volumes and institutional activity. At the time of publication, ETH is trading around $3038, and the daily volume has reached $32 billion, which is double recent figures.

📈 Technical signals confirm bullish momentum:

RSI remains steadily above 60 — buying pressure remains high;

EMA on daily and weekly charts are trending upwards — the trend is strengthening;

Consolidation around $2900 signals potential further growth.

🏦 Institutional interest has sharply intensified:

The volume of derivatives has increased by more than 117%,

Open interest in futures has reached $44.5 billion,

Options have risen by 170%, and liquidations of short positions amounted to $92 million.

🔍 Analyst Markus Corvinus points to similarities with the market structure of 2021, when ETH sharply soared above $4000 after consolidation. Current conditions — volumes, dynamics, and market sentiment — resemble the same model.