According to CryptoQuant, Ethereum's rising open interest, which measures the number of active futures contracts across exchanges, signals the potential for an imminent breakout. This metric has steadily climbed to its highest levels in recent weeks, reflecting increased trader participation and the aggressive opening of long positions. However, a divergence has emerged between Ethereum’s price and futures market activity, as the price remains below previous highs despite the surge in open interest.This imbalance indicates the possibility of liquidation cascades, often triggering sharp price movements