CME futures open interest has hit a record $7.85 billion, reflecting strong institutional activity .
On‑chain data reveals a 8.7% increase in active addresses over the past week, leading all major networks .
Some analysts warn that extreme social media hype around Ethereum could precede a short‑term pullback, despite solid fundamentals .
Technically, Ethereum’s pattern still favors another push, with a bull‑flag setup targeting $4,000 amid ETF optimism and institutional demand .
#ETH Trading Volume Surges#