Ethereum futures data reveals an ongoing trend, with open interest now exceeding 20 billion dollars. This uptick coincides with ETH’s price doubling since April’s lows, raising expectations for a potential rally towards $4,000. Analysts suggest investors should closely monitor price movements and open interest figures, as they could catalyst upcoming trends. The outlook remains uncertain but promising for Ethereum enthusiasts. As the market becomes more active, strategies must adapt to the changing environment. Will Ethereum break through to new price ranges soon?