Ethereum Rises About 5% to $2,137 on April 6 as Derivatives Metrics Flash Caution

Ethereum advanced from roughly $2,050 to $2,137 on April 6, a move of about 5% that unfolded within hours. The jump tracked reports of preliminary U.S.-Iran ceasefire discussions, though no agreement has been confirmed. At the same time, derivatives indicators—6.4 million ETH open interest and a 0.13 spot-to-futures ratio—pointed to leverage-led price action alongside weaker liquidity on Binance.