ETH > $2,100 rally
Ethereum pushed above $2,100 with a 4–5% daily gain in the latest session, underscoring renewed short‑term appetite into ETH ahead of continued DeFi and L2 activity. Watch the ETH/BTC pair and liquidity on major derivatives venues for follow‑through. (x.com)
ETH was trading near $2,166 after reclaiming the $2,100 area; short‑term support showed at $2,100–$2,110 while immediate resistance clustered around $2,170–$2,174. (thecryptobasic.com) Aggregate ETH derivatives open interest has climbed above $30 billion, with CoinGlass/Coinglass and reporting showing heavy concentration on Binance (~$6.59B), Gate (~$3.88B), Bybit (~$2.36B) and OKX (~$2.04B). (coinglass.com) Open interest jumped roughly 18% in a single mid‑March session to about $33.4 billion, and CoinCentral documented over $133 million of short positions liquidated within a 24‑hour window during the rebound. (crypto-economy.com) BlackRock debuted the iShares Staked Ethereum Trust (ticker: ETHB) on March 12; filings and coverage show about $107 million in seed assets at launch and roughly $15.5 million of first‑day trading volume while the fund initially staked a large share of its ETH holdings. (etf.com) The ETH/BTC pair has recovered from multi‑year lows to trade near ~0.030–0.031, a rotation signal picked up on Investing.com and by TradingView market users tracking the ratio. (investing.com) On‑chain DeFi and L2 metrics show elevated activity: DefiLlama recorded about $9.22B in 24‑hour DEX volume, Arbitrum’s ecosystem TVL is reported near $20B and Base’s TVL around $14.2B, underpinning the demand pull into ETH and its L2s. (defillama.com)
