Source: TheMerkle.com
Ethereum (ETH) has surged to its highest price of the year, supported by positive funding rates and strong bullish sentiment.
However, the elevated funding rates suggest that the market may be nearing an overheated state, with potential for sharp corrections if resistance levels are tested. Investors are advised to manage their risk carefully as volatility and short-term fluctuations remain likely.
$ETH hits a yearly high, fueled by positive funding rates
Read More https://themerkle.com/ethereum-reaches-yearly-high-amid-bullish-sentiment-but-whales-signal-caution/
The post "Ethereum Reaches Yearly High Amid Bullish Sentiment, But Whales Signal Caution" appeared first here TheMerkle.com.
Source: TheMerkle.com
