Dec 11, 2025
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Ethereum Funding Rates Remain Low Despite Recent Price Rally
Ethereum's price has surpassed $3,350, creating market momentum after a period of uncertainty. Despite this increase, sentiment is still cautious with concerns about a potential bear market.
- CryptoQuant reports that Ethereum's funding rates across major exchanges are currently subdued, unlike previous rallies where aggressive funding spikes indicated speculative excess.
- The current rally appears not to be driven by excessive leverage, suggesting different dynamics compared to earlier surges.
- This restrained funding environment suggests spot accumulation is the primary driver, potentially allowing more room for growth if demand increases.
- Lack of speculative demand may hinder a strong bullish continuation unless new buyers emerge to support the rally.
Testing Key Resistance as Momentum Builds
- Ethereum is testing the $3,320 level after rebounding from below $2,800, showing a steady recovery rather than explosive growth.
- The 200-day moving average is a critical resistance point; reclaiming it could signal a shift from correction to a bullish cycle.
- Despite higher lows indicating buyer accumulation, volume remains subdued, signaling a need for stronger buying pressure to decisively turn the trend bullish.
- Breaking above the $3,350–$3,400 resistance zone is crucial for sustained momentum.
