📈 Ethereum (ETH) has started the week strong, leading a crypto rebound 🚀. The altcoin is up 6.83% in the last 24 hours and has gained 4% for the week following a slight correction.

🔝 Ethereum is among the top-performing assets today as cryptocurrencies recover. Bitcoin is up 2.89% to $71,625, fueling investor interest in altcoins. Other assets like Toncoin (TON) and Ripple (XRP) have also seen notable gains, pushing the market capitalization above $2.6 trillion with a 2% increase.

🐂 Ethereum bulls are eyeing a run, currently trading at $3,653 and aiming to break resistance for a larger price action. The anticipation of spot Ethereum ETF approval in the US is adding to bullish sentiments, with social media setting $4,000 as the rebound target in case of a bull run. Despite recent outflows, institutional funds continue to flow into Ethereum, with $52 million in inflows this year and $14 billion in assets under management (AUM).

📊 A new CryptoQuant report highlights a bullish futures market for Ethereum, with a spike in funding rate metrics and Open Interest reflecting aggressive long positions and heightened activity in the Perpetual Market. This uptrend suggests strong bullish sentiment and increased market activity.