Key results:

• Open interest of Ether increased by 64% from June 22 to a record level of $ 46 billion.

• Analysts say that ETH can reach up to USD 30,000 in this cycle, and the target closest is $ 4,000.

The price of ether (ETH) increased by 6%on Wednesday, reaching USD $ 3170 for the first time from February 1. This exceeded the wider cryptocurrency market, which has gained 1.8% in the last 24 hours.

Meanwhile, the open interest of Ether Futures reached the highest level in history on Wednesday, leading traders to establish ambitious ETH prices.

The open interest rate of the ether shows that ETH traders are stubborn

Open percentage of Futures Ether (IO) reached a record level of 46.58 billion dollars on Wednesday, which indicates an increased market share and fresh money that comes across Futures ETH contracts.

The OI aggregate in the Futures ether has increased by 64% from June 22, by 31% in the last seven days. In the context, three months earlier, on April 17, Oi Ether amounted to USD 17.95 billion with a price of USD 1,600. When in December 2024 Ether traded about USD 4,000, the open -air interest was $ 31.5 billion.

Up-to-date high levels of all time are now suggesting increased demand for ETH positions and a larger capital entering the market.

Related: ‘99% chance of the Bitcoins dominance reached the peak if the ethereum continues rapidly

In addition, according to Nansen data, Ethereum network fees have increased by 109% to USD 12.40 million over the past week.

Higher network fees not only reflect the growing demand for Ethereum, but also boost the speed of combustion ETH. Because the built -in Ethereum combustion mechanism depends on the activity of the network, higher exploit means that more ETH is pulled out of the circulation, adding rear winds to the price.

Five -digit goals for the price of ETH TOP: Analysts

Data from CointeLraph Markets Pro i TradingView It shows ETH trade above USD 3000 on the sixth day in a row, the level that Bulls turns into potentially mighty support.

According to CointeLgraph, having 3000 USD is the key to the ETH additional potential and prepares a scene for a possible rally up to USD 18,000.

“I completely adapted my expectations for $ ETH of this run to exceed $ 15 to $ 30,000” he said The nickname Trader Defi DAD in response to the latest implementation of Ether.

Trader added:

“I buy and keep ETH, believing that we can last up to 15,000 USD-18,000 USD (20x from low level in 2022, 5-6x from here).”

Ethereum can surpass bitcoins in the second half of the year, reaching USD 6,000 before 2026 he said Cryptographic investor John K. Davies, adding:

“The aforementioned forecast is extremely conservative, and I certainly think that it can be much higher, i.e. materially over USD 10,000 to $ 2,2026.”

Colleague Chartist Crypto Gems Published A fractal next to each other, which suggests that the ether can, like in the 2016-2017 market cycle. From April, the lowest level of $ 1,400 USD, the ether price can be reached 330% of parabolic gear, potentially pushing ETH to even 6000 USD.

According to CointeLgraph, ETH’s direct target remains 4000 USD after it broke over the key resistance zone between 2800 to 3000 USD.

This is in line with the analysis of Mister Crypto, which claims that the price worth USD 4000 is almost guaranteed when the bulls definitely break above USD 3150.

Ethereum breaks above this huge resistance !!!

$ 4,000 is inevitable!

We are getting luxurious soon! pic.twitter.com/dkvobmyktf

– Mister Crypto (@MISTRCRYPTO) July 16, 2025

Meanwhile, institutional demand through the ETFS ETFS and ETH point remains mighty, which suggests the moods of the stubborn on the market.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.