Ethereum Could Approach $5,000 as NVT Falls, Open Interest Climbs and Short Liquidations Increase
The post Ethereum Could Approach $5,000 as NVT Falls, Open Interest Climbs and Short Liquidations Increase appeared on BitcoinEthereumNews.com.
Ethereum is staging a breakout above $4,700 driven by collapsing 30‑day NVT, rising Open Interest and heavy short liquidations; these converging on‑chain and derivatives signals increase the probability of a continued move toward $5,000 in the near term. Ethereum breakout confirmed above $4,700 with strong on‑chain activity Open Interest climbed to $32.27B, signaling expanding speculative exposure and heightened volatility. Derivatives data: ~$14M in short liquidations vs ~$3M in longs, increasing odds of short squeezes and faster upside. Ethereum breakout above $4,700 seen as bullish; monitor NVT, Open Interest and liquidations for continuation toward $5,000 — read actionable analysis now. What is driving Ethereum’s breakout above $4,700? Ethereum breakout above $4,700 is driven by a steep fall in the 30‑day NVT ratio alongside rising Open Interest and concentrated short liquidations, which together create momentum for further upside. These indicators suggest renewed demand, but they also raise near‑term volatility risks that traders should manage. How does the 30‑day NVT ratio affect ETH price action? The 30‑day NVT ratio has dropped to multi‑month lows, indicating unusually high network activity relative to market cap. Historically, deep NVT bottoms often precede rebounds as undervaluation attracts buying. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); That said, transaction spikes can be transient. Traders should distinguish sustained adoption from speculative volume when assessing durability of this move. Why does rising Open Interest matter for Ethereum traders?…
Filed under: News - @ September 14, 2025 2:15 am