Key Points
- Rising funding rates indicate increasing optimism in Ethereum’s potential recovery from the recent crypto crash.
- The adoption of Layer-2 and Ethereum withdrawals support a bullish outlook for 2025.
The cryptocurrency market has experienced a significant downturn, with Ethereum (ETH) following suit. The altcoin underwent a substantial correction, causing its price to fall below the $3,500 mark in recent weeks.
Investor Sentiment and Ethereum
During the most recent bull run, Ethereum underperformed, leading to a cooling of investor sentiment towards the cryptocurrency.
However, new data from Cryptoquant suggests that there may be signs of a potential rebound on the horizon. Key on-chain indicators imply that Ethereum could be preparing for a resurgence in market confidence.
