#Ethereum $ETH
Why ETH Can Rebound
1️⃣ Strong network fundamentals
Ethereum still leads in smart contracts, DeFi, NFTs, and L2 ecosystems — this gives ETH strong long-term demand.
2️⃣ L2 expansion boosting ETH
Networks like Arbitrum, Base, Optimism, StarkNet continue growing.
More activity on L2 = more ETH burned → reduces supply.
3️⃣ Deflationary mechanism (EIP-1559)
ETH becomes deflationary during high network usage, helping price recovery.
4️⃣ ETF momentum & institutional interest
Spot ETH ETF inflows (even if slower than BTC) still add upward pressure.
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📉 Key Levels to Watch
Support: $3,200 – $3,400
Rebound zone: $3,650 – $3,800
Breakout level: Above $4,050 could push ETH toward new highs.
ETHUSDT
Perp
3,225.85
+2.14%