This is a news story, published by CoinGape, that relates primarily to ETH news.
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further ETH price surgeCoinGape
•69% Informative
30-day moving average of the ETH funding rate has turned bullish after a prolonged period of decline.
This shift aligns with the broader market recovery and the ETH price surge of over 15% in the last week .
The ETH price is approaching a crucial resistance of $ 2,800 , before it surges past $3,000 .
On Tuesday , the spot Ethereum ETFs had some healthy bounce back with over $62 million in inflows.
QCP Capital analysts said the macro space continues to look more bullish for risk assets, including crypto.
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