$ETH is trading around the $3,158 to $3,200 mark, showing resilience and potential for an upward move.

Market Sentiment: $ETH is holding strong, especially after its recent surge past the $3,200 level a couple of days ago, driven by positive momentum and expectations for better liquidity.

Key Development: The recent "Fusaka" upgrade is a major factor, designed to enhance Ethereum's scaling capabilities and improve how it interacts with Layer-2 networks, making transactions more cost-effective.

Technical View: Analysts are watching the $3,200 level closely. Maintaining this range suggests a strong accumulation phase, which could lead to a potential breakout.#ETH #blockchain

ETH

2,947.79

-0.37%