After it was not possible to achieve a up-to-date all time (ATH) in the amount of USD 5000 in August 2025, Ethereum (ETH) may finally be ready to violate the mentally significant price level. The decrease in Binance’s open interests suggests that ETH is probably close to the local DNA, ready for the next leg.
Ethereum open interest falls, is the local bottom closed?
According to rapid cryptochants by a Burakkesci collaborator, Ethereum may approach the local DNA. The analyst referred to the interval range on open interest (OI) time indicator for their analysis.
In his analysis, Burakkesci noticed that according to Binance Eth Oi metric, local DNAs were created with an average decrease in 14.9% in the last three months. On the spot market, these corrections usually caused an average decrease by 10.7%.
The analyst said that ETH OI decreases usually signaled price corrections in advance. For example, on August 17, Binance Eth Oi fell from USD 11.4 billion to USD 10.2 billion, which is a decrease of 10.52%.
Similarly, on August 20, Binance Eth Oi dropped from $ 13 billion to $ 9.7 billion, which is a correction of 25.38%. The latest significant fall in Binance ETH OI was observed on September 13, when it crashed from $ 11.39 billion to $ 10.4 billion. The analyst stated:
So we can say: when price rallies are supported by the Futures page, the trend progresses healthier – just like a plane flying with two wings. In the opposite scenario, OI signals potential correction. Binance Eth Oi (measured on the highest stock exchange, acting as a leading indicator) gives us a chance to catch local DNA early.
The analyst added that based on the latest trends it can be speculated that Binance Eth Oi can decrease to $ 9.69 billion. He also suggests that ETH is currently in the Local Lower Zone. However, the price of ETH may go further before it finds its local bottom.
Does ETH look at $ 6,800?
Meanwhile, colleague, cryptochant analyst, pelinaypa, excellent This market bonus (FMP) remained mostly neutral or positive between July and September 2025 – which indicates the renovated institutional demand. At the same time, ETH increased from USD 2,500 to USD 4,400.
For the uninitiated FMP in the context of Ethereum, it measures the price gap between the Futures contracts and the spot market. Currently, along with the dominant positions, the market shows robust institutional support for ETH. Pelinaaypa added:
This environment can assist Ethereum to maintain stability above 4.4 thousand. USD and potentially maintaining a further growth pace. Main goal $ 6.8,000.
In addition, Eth Exchange reserves To continue run out at a rapid pace. Last analysis by another Cryptochant collaborator named Arab Chain forecasted Eth to touch $ 5,500 in September.
To say that, the current break in the ETH rally remains Anxiety point. During the ETH press it trades at 4,491 USD, which is an escalate of 0.8% in the last 24 hours.
Recommended photo from Unsplash, charts from Cryptoquant and Tradingview.com
