Ethereum Market Turns Optimistic: Funding Rates Hint At Potential $4K Comeback

Amid the broader decline in the global crypto market, Ethereum emerged as one of the major cryptocurrencies that has been impacted significantly.
Despite already being underperformed in the recent bull run, Ethereum has now experienced a notable correction, dropping to as low as below the $3,500 price level in recent weeks.
While this price performance from ETH might have led investors to lose interest in Ethereum for now, recent data from the CryptoQuant platform suggests a possible turnaround,