Ethereum Price Forecast: ETH Eyes $3,366 as Open Interest Growth Fuels Bullish Outlook
Ethereum Price Forecast: ETH Eyes $3,366 as Open Interest Growth Fuels Bullish Outlook
Ethereum is trading at $2,860.
Ethereum's exchange open interest has increased by 20%, signaling strong market interest.
Ethereum sees a six-week high in ETF inflows, contributing to bullish sentiment.
ETH could rally to $3,366 after reclaiming the key support level at $2,817.
ETH is up nearly 8% on Thursday, driven by growing investor demand and could reach a new all-time high before year-end.