Ethereum's recovery remains under control - funding rates indicate room for movement

Despite the sharp rebound from its lows at $2800, the funding rates remain low across exchanges, unlike the explosive spikes seen in previous recoveries this year. At that time, high funding rates reflected euphoric long positions and intense speculative demand, often signaling short-term market tops.

Today, the derivatives market shows moderate leverage, indicating that the recovery is largely driven by market accumulation rather than speculative frenzy. This means that Ethereum may still have room for a full upward increase if demand rises, but momentum remains at risk if resistance continues.

Bottom line: the market is recovering, but not in a state of overheating. Watch the funding rates: increasing leverage may indicate the next phase of the explosion. $ETH $BTC #ETH #CryptoMarket #BTCVSGOLD #ETHBreaksATH #LUX