ETHUSDT
Perp
3,084.06
-4.54%
Today, Ethereum ($ETH ) shows signs of consolidation, trading in the $3,600–$3,750 range as it digests recent gains. Market sentiment is cautiously optimistic ahead of anticipated SEC updates on spot $ETH ETF issuers, with key technical support at the 50-day moving average (~$3,500). On-chain data indicates continued accumulation by large holders, while network activity remains steady with moderate gas fees. The Pectra upgrade timeline and broader crypto market direction, led by Bitcoin, remain the primary catalysts for $ETH ’s next major move.