While Ethereum (ETH) is negotiated in the range of $ 4,000 to $ 4,000, the Mercantile Chicago Exchange (CME) Futures Open Interest (OI) for the digital asset continues to reach new heights. In this context, analysts now predict a new record of all time (ATH) for ETH later this year.
Ethereum New Ath at the end of 2025?
According to a post of cryptocurrency quicktake by the contributor Pelinaypa, the future CME of Ethereum Oi regularly heads for new heights. The analyst drew attention to previous data on term contracts on Ethereum to predict his next movement.
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In 2021-2022, the Ethereum oi term contracts remained relatively low, largely dominated by contracts of 1 to 2 months. At the time, although ETH took up bullish momentum, the institutional exhibition at the cryptocurrency on CME was still limited.
On the other hand, during the 2022 bear market, a drop in the price of the ETH caused a sharp drop in its OI. Although the period is still dominated by short -term contracts, long -term contracts have remained low, indicating low institutional confidence in ETH.
However, a change of trend was observed during the recovery of 2023-2024 while Ethereum OI started to increase – especially among contracts from 3 to 6 months. Simultaneously, institutional demand has increased in parallel with the price of ETH.
Quick advance until 2025, Ethereum oi a crowded to new heights. While the ETH joined the fork from $ 4,500 to $ 5,000, there was a significant growth in short -term contracts. This dynamic indicates a strong institutional participation and a request for derivatives.
The cryptocurrency analyst explained the implications of two potential oi and concentration of contract. First, a high oi with concentrated short -term contracts can cause increased volatility, potentially causing net fluctuations and liquidation cascades.
On the contrary, the increase in long -term OI in contracts of 3 to 6 months indicates an increasing institutional confidence and a long -term highest ETH price potential. That said, overcrowded lever positions could trigger rapid short -term corrections. Pelinaypa added:
ETH is negotiated around $ 5,000 (near the ATH) with a CME file on clear evidence of the institutional FOMO. Although this supports the trend of current bulls, the risk of liquidation is high. Short -term volatility and corrections are likely, but long -term perspectives remain optimistic.
In conclusion, the analyst predicted that the ETH could reach the level of resistance of $ 6,800 by the end of 2025. However, any deterioration of the global macroeconomic perspectives could temporarily win the ETH momentum.
Case for a new eth ath
In addition to the prediction aforementioned on the back of the growing institutional interest in ETH, positive exchange data is also likely to benefit the cryptocurrency. For example, recent outings from Binance to roll The supply ratio to a new hollow.
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In addition, an increasing amount of eth continuous To be marked out on the Ethereum network, strengthen the fundamental principles of the intelligent contract platform and make it more robust. At the time of the press, the ETH is negotiated at $ 4,409, down 0.7% in the last 24 hours.
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