$ETH

Is Ethereum rising again? In recent days, Ethereum has almost established its own independent market trend. This time, Ethereum successfully implemented the Pectra upgrade and reduced fees, which truly resonates with everyone’s sentiments, and it seems to be a bit competitive with Solana.

The 'short squeeze' market trend has also propelled Ethereum's rebound, with the sudden surge in price forcing short sellers to buy Ethereum to cover their positions, further driving up the price, forming a typical 'short squeeze' increase.

Now Ethereum has returned to the 2500 mark, and even surpassed 2600. The memes on the Ethereum chain can also be given some attention.

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