
Ethereum price approaches all-time high as Open Interest rises
Ethereum price is trading firmly above $3,900, a high time frame support zone positioned over the value area high of last year’s range. Consolidation here suggests bullish continuation, with targets extending toward $5,800. Summary $3,900 Support: Key high-time-frame level above last year’s value area high. Bullish Structure: Consolidation favors continuation, with $5,800 as the next target. Open Interest Surge: Historic levels signal strong buying pressure and sustained demand. Ethereum’s (ETH) price action is showing strength as it holds above the $3,900 level, which sits just beyond the value area high of its prior yearly trading range. This area is now…








