$ETH Ethereum (ETH) is currently trading at $1,581.28 with a 0.01% increase. Here's a breakdown of its current performance:

- *Market Capitalization*: $195.41 billion

- *Open Price*: $1,581.16

- *High Price*: $1,658.75

- *Low Price*: $1,574.68

- *Previous Close Price*: $1,581.15

*Recent Trends:*

- Ethereum's price is up 10% today, trading at $1,795 amid optimism over de-escalation of US-China tariff wars.

- Over $109 million worth of short ETH positions have been liquidated in the last 24 hours, indicating strong upward pressure.

- Ether's open interest has jumped 16% to $21.92 billion, signaling increased trading activity.

*Technical Analysis:*

- The Relative Strength Index (RSI) is 78, indicating ETH is "overbought" and may experience a pullback.

- Analysts predict ETH may drop to the $1,500-$1,700 range before determining its next directional bias.

- Key resistance levels include $1,950 and $