ETHFI rises 11% after buyers defend $0.30 support and reclaim key moving averages.

ETHFI has gained 11.24%, reaching $0.37 after holding the $0.30 support level, with trading volume up 72% and market cap rising 12%. Buyers have outpaced sellers, strengthening momentum as ETHFI reclaimed the 20- and 50-day EMAs and showed a bullish crossover in the Directional Movement Index. However, derivatives traders remain cautious, reducing exposure amid persistent selling pressure, which could threaten the rally's sustainability if it continues. The next key resistance is the 100-day EMA near $0.40.