$ETH Ethereum has surged strongly, climbing to around $3,066 โ up 8.48% in the last 24 hours. This rally signals renewed investor confidence and momentum in the crypto market.
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๐ Latest Ethereum Analysis
- Current Price: $3,066.34 USD
- 24h Change: +$239.73 (+8.48%)
- Previous Close: $2,826.62 USD
- Trend: Ethereum has broken above recent resistance levels, showing bullish momentum.
๐ Market Insights
- Bullish Breakout: ETHโs strong upward move suggests buyers are regaining control, possibly fueled by broader crypto optimism and institutional interest.
- Resistance Levels: Key resistance lies near $3,100โ$3,200. A sustained break above could open the path toward $3,500.
- Support Levels: If momentum cools, ETH may retest support around $2,900โ$2,950.
- Macro Factors: Market sentiment is being influenced by Bitcoinโs stability, upcoming Ethereum network upgrades, and broader risk-on appetite in global markets.
