Why is Ethereum (ETH) price up today?
Ether is set for its best weekly gain since May 2021.
Ethereum’s Pectra upgrade, mega-whale accumulation, and a major short squeeze fuel the rally.
Technical patterns suggest a potential 40% rally toward $3,400 as ETH bounces off key support.
Ether ( $ETH ) is on course to record its best weekly performance since May 2021, having risen by over 37.50% in the week ending May 11, including 10.30% gains in the last 24 hours.
- From Cointelegraph
