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Ethereum Funding Rates Hit Key Bullish Level – Price Surge Ahead?

  • Ethereum funding rates have climbed above 0.02, signaling a strong bullish trend.
  • Historical data suggests that Ethereum experiences significant price gains when funding rates stay above 0.02.
  • Ethereum's price is approaching a major resistance level at $3,000, but the current bullish momentum may help it break through.
  • If Ethereum breaks beyond $3,000, it could reach a price target of $4,000.

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