Yello, ParadiseClub Members! 😎 Are you noticing Ethereum funding rates going crazy? Let’s view the latest statistics to measure whether we will have a correction or more upside momentum:

💎Ethereum Funding Rates have skyrocketed to levels not seen since January 2024, coinciding with an impressive price rally. This surge reflects overwhelming bullish sentiment, with traders gearing up for potential new all-time highs. Back in January, a similar spike led to an 88% rally, marking a historic move. However, history tells us that such momentum often needs a breather to sustain itself.

💎What’s the view of the ParadiseTeam Professional Traders? The sharp increase in Ethereum funding rates suggests a short-term pullback might be on the horizon. This isn’t a cause for alarm—it’s a healthy mechanism that allows the market to stabilize and avoid extreme volatility. While Ethereum’s current rally is powered by optimism, this correction could pave the way for stronger and more sustainable price growth.

Stay focused, patient, and disciplined Paradisers🥂

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