<ul><li>Ethereum (ETH) has surged over 40% in the past two weeks, trading in the mid-$2,000 range driven by spot market demand.</li><li>ETH's rally is not significantly influenced by speculative futures trading as reflected by the flat funding rates during the price surge.</li><li>Analysts predict further upside for ETH if it breaks through the $2,380 resistance level and maintain support around $2,060 to $2,420.</li><li>Despite being below its ATH, market analysts see potential for Ethereum to reach new highs with bullish factors favoring a possible $12,000 valuation by 2025.</li></ul>

Ethereum Gains Momentum Amid Flat Funding Rates – Is This A Healthy Uptrend?

Discover more