<ul><li>Ethereum's open interest has increased, indicating rising investor optimism for a potential rally.</li><li>Factors like potential Federal Reserve interest rate cuts and a growing focus on tokenization on the Ethereum blockchain may fuel the uptick.</li><li>Ethereum may experience a correction of around 7% to 9% before rallying again, favoring long positions.</li><li>Ethereum could potentially climb to $6,000 as long as it maintains its key support level of $2,300.</li></ul>

Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit

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