Notification: Get Real-Time News Alerts For Your Portfolio Today
Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

Ethereum Forecast: Investors Remain Optimistic with Rising Interest and Major ETH Withdrawals

Emily Hayes
Emily Hayes

Emily Hayes

Emily is a blockchain enthusiast and cryptocurrency analyst who has...

Full Bio

Emily Hayes

Share

Ethereum’s market sentiment remains bullish as key indicators point to strengthened investor confidence. The cryptocurrency saw a surge in open interest, reflecting increased activity in derivative markets. This uptick aligns with significant on-chain movements, including over 300,000 ETH withdrawals, a development that suggests long-term holders are repositioning assets.

ETH/USDT 8-hour chat as of January 14, 2025
Source – FXSTreet

The rising open interest underscores expectations of future price volatility, while the substantial withdrawals may indicate reduced selling pressure in the market. With Ethereum’s price stability amid these movements, market participants appear optimistic about sustained growth, eyeing the potential for a breakout in the coming weeks.

Investors are closely monitoring these trends, viewing them as signals of growing market resilience. Ethereum’s performance in the coming days will likely define its trajectory in a volatile crypto landscape.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

View more articles by

Related Articles

Read More
Read More
Read More
Read More
Read More
Read More

Brokers Review

No reviews found in this category.

Top Stories
AUDJPY
AUD/JPY drops to near 95.50 as Australia's trade surplus shrinks to a three-month low
AUDUSD (1)
Australian Dollar depreciates as US Dollar holds ground, labor market data eyed
USDJPY
Japanese Yen sticks to strong intraday gains against USD; bulls retain control
USDCAD (1)
USD/CAD Price Forecast: Climbs closer to mid-1.4300s; lacks bullish conviction
USDINR
USD/INR rises as RBI rate cut bets drag Indian Rupee lower to all-time low
Gold prices strengthen as bulls regain control after brief consolidation
Gold prices strengthen as bulls regain control after brief consolidation
Asian stocks climb following Wall Street rally, buoyed by investor optimism
Asian stocks climb following Wall Street rally, buoyed by investor optimism
Russians turn to gold as ruble weakens under inflation and sanctions pressure
Russians turn to gold as ruble weakens under inflation and sanctions pressure
Crypto community debates if an altcoin season can thrive without an Ethereum rally
Crypto community debates if an altcoin season can thrive without an Ethereum rally
Fed’s Jefferson signals preference to maintain current interest rates amid economic uncertainty
Fed’s Jefferson signals preference to maintain current interest rates amid economic uncertainty