📈 Ethereum (ETH) price is up strongly today, showing a bullish trend with gains of roughly ~6–7% in the past 24 hours.
ETH’s price has climbed back above key support levels and is steadily approaching resistance bands.
• ETH is trading near the upper $3,300s against USD-pegged stablecoins (so ETH/USDC will reflect similar gains).
• The current market momentum is bullish, with buyers pushing prices higher after recent consolidation.
• Trading volume has increased, supporting the upward price action in ETH.
As of the early morning session, Ethereum’s price (as reflected in ETH/USDC and ETH/USDT pricing) is trending higher with positive momentum.
Over the past 24 hours, ETH has rallied by roughly 6–7%, gaining ground as traders respond to increased demand and supportive market activity.
The uptick in price comes amid broader crypto market strength, where Bitcoin and other major cryptocurrencies are also showing gains, helping lift sentiment across digital assets.
Technical price data shows that ETH has been holding above key support zones and is now testing or breaking above nearby resistance areas — a common sign of bullish continuation!
📰 Key Market News Affecting ETH Sentiment
Here are some recent developments shaping Ethereum sentiment today:
Bitcoin and Ethereum posted notable gains in a broad market rally, lifting crypto sentiment across most assets.
Ethereum’s price climbed strongly, driven in part by ETF inflows and improved technical indicators.
On-chain metrics like wallet growth hit record highs, signaling strong network engagement.
Broader price forecasts suggest continued upside potential if key resistance levels are broken!
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