{"id":51922,"date":"2025-10-17T13:40:27","date_gmt":"2025-10-17T06:40:27","guid":{"rendered":"https:\/\/hbbgroup.net\/ethereum-correction-over-binance-funding-rates-signal-eth-surging-to-6800\/"},"modified":"2025-10-17T13:40:27","modified_gmt":"2025-10-17T06:40:27","slug":"ethereum-correction-over-binance-funding-rates-signal-eth-surging-to-6800","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/ethereum-correction-over-binance-funding-rates-signal-eth-surging-to-6800\/","title":{"rendered":"Ethereum Correction Over? Binance Funding Rates Signal ETH Surging To $6,800"},"content":{"rendered":"
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Ethereum (ETH) may be nearing the end of its price correction, as the second-largest cryptocurrency by market cap continues to trade slightly above $4,000, following a strong sell-off last week when it almost crashed to $3,400.<\/span><\/p>\n

Ethereum Price Correction May Be Over\u00a0<\/span><\/h2>\n

According to a CryptoQuant Quicktake post by contributor PelinayPA, Ethereum funding rates on Binance crypto exchange have remained positive, despite being in a narrow range. This shows that long positions on ETH still dominate the market.<\/span><\/p>\n

ETH funding rates <\/span>fluctuating<\/span><\/a> normally on Binance \u2013 despite the digital asset\u2019s recent extraordinary price appreciation \u2013 implies that futures traders are not exhibiting greed or euphoria, typically associated with the mid-phase of a healthy uptrend.<\/span><\/p>\n

\"ethereum\"
Source: CryptoQuant<\/a><\/figcaption><\/figure>\n

For example, during the 2021-22 bull cycle, ETH funding rates often surged to 0.1% to 0.2%, aligning with local market tops. At present, these funding rates are hovering around 0.01% to 0.03%, implying that the market has not reached overheated levels just yet.<\/span><\/p>\n

In addition, the absence of negative funding rates confirms a decline in short positioning, and elevated risk appetite among investors. The CryptoQuant analyst added:<\/span><\/p>\n

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The overall trend remains upward. Low funding rates combined with strong price momentum suggest that the correction is likely complete. In the short term, minor profit-taking or sideways consolidation between $3,600\u2013$3,800 would be natural. If funding rates gradually rise above 0.05%, it could signal overcrowded longs and trigger a short term pullback.<\/span><\/p>\n<\/blockquote>\n

The current combination of moderate levels of leverage and gradually rising spot demand hints toward a potential ETH rally, eyeing the $4,500 to $5,000 range in the long term. The price target could be even higher with a favorable derivatives structure and funding dynamics.<\/span><\/p>\n

That said, a sharp increase in funding rates could be seen as an early warning of another price pullback for the cryptocurrency. However, ETH\u2019s market structure still supports a potential surge to $6,800 by the end of 2025, the analyst concluded.<\/span><\/p>\n

ETH Ready For New Highs?<\/span><\/h2>\n

Several indicators point toward ETH looking to resume its bullish momentum. For instance, ETH\u2019s Spent Output Profit Ratio (SOPR) trend recently <\/span>hinted<\/span><\/a> toward the digital asset rising to $5,000 in the near term.<\/span><\/p>\n

Further, ETH exchange reserves continue to tumble at a rapid pace. Recent exchange data <\/span>shows<\/span><\/a> that ETH reserves on exchanges have hit a multi-year low, raising the possibility of an impending \u201csupply crunch\u201d for the cryptocurrency.<\/span><\/p>\n

That said, there are several other factors that may <\/span>fuel<\/span><\/a> another sell-off in ETH, pushing its price again below $4,000. At press time, ETH trades at $4,053, up 0.2% in the past 24 hours.<\/span><\/p>\n

\"ethereum\"
Ethereum trades at $4,053 on the daily chart | Source: ETHUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Unsplash, charts from CryptoQuant and TradingView.com<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) may be nearing the end of its price correction, as the second-largest cryptocurrency by market cap continues to […]<\/p>","protected":false},"author":5,"featured_media":51925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-51922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=51922"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/51925"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=51922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=51922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=51922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}