Ethereum Price Forecast: Dwindling Open Interest Hints Sluggish Climb To $4,000

Since last weekend, the cryptocurrency market has showcased a sluggish trend with most of the major assets wavering sideways. However, the second-largest crypto by market cap Ethereum has maintained a better position amid the development in Spot ETH ETFs. After the recent market correction, the Ether price has established firm support at $2815, providing buyers with an opportunity for a counter-attack. But will the current market dynamic support this rally?