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Evolving ETH futures data hints a potential rally to $5K

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 49 Views

ETH price corrected at the weekly open, but futures data pinpoints the possibility of a breakout to $5,000.

Key takeaways:

ETH futures and options data show no signs of defensive positioning despite Ether's seven-month price high.

Ether ETF inflows and corporate holdings signal growing conviction from institutional investors.

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