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Ethereum open interest hits 20-month high: Bullish or bearish for ETH?
- Ether's futures open interest hits a 20-month high.
- Ether (ETH) surges 11.7% and reaches a three-week high of $2,572.
- Traders express caution regarding potential price fluctuations due to heightened leverage.
- Uncertainty remains over the effectiveness of the US Federal Reserve's monetary strategy.
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