$ETH jumped 10.65% to around $2,067, marking a strong recovery after a tough week in which Ethereum fell 24.6%. The price rebounded from $1,755 to as high as $2,089, signaling renewed market confidence.
This move suggests investors are becoming more optimistic about Ethereum’s near-term outlook. Much of the buying pressure came from traders taking advantage of lower prices after the recent sell-off. At the same time, forced liquidations pushed additional ETH onto the market, creating opportunities for accumulation.
Trading activity surged, with Ethereum recording approximately $72.8 billion in volume—clear evidence of broad market participation rather than isolated trades.
Ethereum remains resilient, and market participants are closely watching to see how the next phase unfolds.