Ethereum has overtaken Bitcoin in 24-hour futures trading volume with $62.1 billion compared to $61.7 billion for Bitcoin, indicating a shift in trader interest.
The surge in Ethereum futures volume and open interest ratio to market cap at a fair level suggest growing trader attention and potential catalysts in the market.
Ethereum price targets $4,000 as bullish flag and golden cross patterns align with strong ETF inflows, indicating a possible trend continuation and bullish momentum.
Proposed updates by Ethereum founder Vitalik Buterin and expansions by companies like BBVA into Ethereum and Bitcoin trading add to Ethereum's positive outlook amidst growing market focus.