Ethereum rally gains steam with bullish sentiment and room to grow

Ethereum's recent rally has sparked investor optimism, with discussions of a potential new all-time high by year-end, according to CryptoQuant contributor ShayanBTC. Rising funding rates in the futures market indicate growing bullish momentum, though levels remain below those seen during its previous peak. While historically sharp increases in funding rates have preceded corrections, current levels suggest the market has room for further growth before significant risks emerge.