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ETH Price Outlook: Ethereum Sees Rising Interest as Pectra Launch Nears

  • As the Pectra upgrade approaches its potential launch on Ethereum’s mainnet in April, ETH is experiencing a surge in market activity
  • Ethereum's open interest in the futures market has risen to 10.10 million ETH, indicating growing interest in derivative positions.
  • The broader crypto market has responded positively to the upcoming Pectra upgrade, with ETH trading at $1,999.39.
  • A potential Ethereum ETF with staking capabilities could act as a catalyst for renewed price appreciation.

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