Ethereum is trading at $2,690, up 1.6% over 24 hours, as derivatives exposure contracts and spot demand turn the ETH prediction bullish. Open interest in ETH futures has fallen to 12.49 million ETH, its lowest level since March 2024, with perpetual futures taker buying remaining mostly negative since last week. Spot ETF flows saw $2.81 million in net outflows on September 29, ending a seven-session inflow streak. Key support and resistance levels stand at $2,657-$2,680 and $2,722-$2,822 respectively, with a decisive break above resistance opening a test of $3,000.
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