Ethereum tests $2,550 resistance as open interest rises to $34.24 billion
- —ETH derivatives trading volume rose 68.76% to $66.99 billion
- —ETH open interest rose 10.02% to $34.24 billion
- —Average Ethereum network fee fell from $0.72 to $0.095
- —Ethereum Foundation transferred $2.45 million in ETH to an unmarked wallet
Why it matters: A weekly close above $2,550 would confirm a reversal and open the $3,000 target, otherwise ETH will remain range-bound.
Source: TronWeekly