Ethereum Holds Above $2,300 As Open Interest Expansion Reinforces Uptrend Stability

AI Briefing

• – Ethereum’s open interest on major platforms is showing signs of expansion, with Binance and Bybit recording significant increases, while Bitfinex and Kraken see weaker performance. This diversification in open interest flows suggests that traders are selectively re-engaging with the market, potentially setting the stage for stronger directional moves. Ethereum's price is currently trading above $2,300, with the $2,300-$2,400 region standing as a critical resistance zone that could determine the direction of the recovery.