Ethereum Surpasses $2.1K Amid Crypto and Market Recovery

Ethereum has climbed past $2,150 in a surge alongside Bitcoin and US stocks. Are derivatives traders showing signs of optimism?

The price of Ethereum has surged above the $2,150 mark, coinciding with a rebound in Bitcoin and the U.S. stock markets. This resurgence has led many to speculate whether the recent downturn has finally reached its conclusion.

As Ethereum continues to gain traction, the question arises: have derivatives traders shifted their sentiment towards a more bullish outlook? Analyzing market data may provide insights into the current trading behaviors and expectations of these investors.