Ethereum Futures Volume Jumps 1,251.19% as 200-day MA Caps Price Near $3,300-$3,400

According to U.Today, Ethereum futures trading volume surged 1,251.19%, signaling aggressive leverage use and bullish positioning among top traders. ETH remains below key moving averages, with the 200-day MA acting as resistance near $3,300-$3,400, and failure to reclaim $3,200-$3,300 could amplify liquidations in the next trading sessions.