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Ethereum Breaks $2,450 as High Funding Rates Eye $2,600 Target

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Ethereum surged past $2,450 targeting $2,600, bolstered by ETF inflows and a one-year high in Binance funding rates.
  • However, overbought RSI levels and leveraged long positioning raise short-term pullback risks toward $2,300 support.
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ETHUSD price history

2483.52 +26.38% over the displayed period

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