<ul><li>Ethereum's price surged over 7% on June 10, trading above $2,680 with a 114% increase in daily trading volume.</li><li>Factors driving ETH price up include record open interest, rising funding rates, and consistent ETF inflows indicating renewed institutional interest.</li><li>Ether futures open interest reached an all-time high, suggesting a potential rally towards $3,000, with positive funding rates signaling a bullish bias among ETH futures traders.</li><li>Technical analysis shows a cup-and-handle pattern forming on ETH/USD daily chart since February, targeting $4,100 if it breaks above the $3,000 resistance level.</li></ul>

Why is Ethereum (ETH) price up today?

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