Ethereum's price has climbed 48.39% in the past month but shows signs of slowing momentum. AMBCrypto predicts a potential rally if Ethereum can overcome negative netflow issues. Ethereum’s Total Value Locked (TVL) has surged to a new yearly high, indicating strong market interest.
Ethereum 's price has gained 48.39% over the past month, but its upward momentum has slowed down. In the past week, the price climbed 9.0%, with a smaller 0.36% increase in the last 24 hours. Despite the slowdown, AMBCrypto analysis suggests a potential rally if Ethereum can address its negative netflow issues. Ethereum ’s Total Value Locked ( TVL ) has surged to $71.575 billion, marking a new yearly high and a peak last seen in 2022.
This rise in TVL indicates growing investor interest and market strength. Additionally, Ethereum has been supported by positive funding activity in derivatives trading, with a higher November Funding Rate than previous months, further reinforcing bullish sentiment
Ethereum Total Value Locked TVL Funding Rate Netflow Bullish Sentiment
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