Ethereum Eyes $30K Amid Open Interest Surge

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ETH continues to show strength after breaking $3,000 and Ethereum bulls have highs hopes of five-digit prices between $15,000 and $30,000 as the top for this cycle.

Ethereum is up 50% against Bitcoin since April, breaking key resistance levels.

Corporations now hold over $5 billion in ETH, which is one of the key reasons behind the Ether boom.

ETH still lags behind in 2025 returns, leaving room for upside.

Ethereum’s Ether token is gaining momentum against Bitcoin, with its ETH/BTC pair surging over 50% since its multimonth lows in April.

Ether could rally another 30% versus Bitcoin
On Wednesday, ETH/BTC climbed to 0.0267 BTC, its highest level in four months, as it confirmed a breakout from a bull flag pattern, typically a continuation setup that signals further upside.

The breakout began on July 10 with a close above the flag’s upper trendline and has gained strength on rising volumes.


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