Ethereum Price & Market Momentum 🦄🚀
Ethereum (ETH) is buzzing at ~$2,482, up 3.3% in 24 hours and 35.5% over the past week 📈. Its market cap sits at ~$299.7B, holding strong as the #2 crypto 💪. Momentum is bullish, fueled by the Pectra upgrade, boosting DeFi and NFT activity 🌐. Trading volume hit $32.8B in 24 hours, though down 10% recently, hinting at slight cooling 🥶.
Technical indicators scream “buy”! The 50-day MA slopes up, and RSI stays neutral (30-70), suggesting room for growth 📊. On-chain data shows 15.4M active addresses, a 62.7% spike in 7 days, with L2 dominance soaring 🚀. But, ETH struggles against Bitcoin, with some predicting a short-term dip to $2,200 📉.
#AltcoinSeasonComing #AltcoinSeasonLoading
Sentiment is greedy—watch for profit-taking at $3,000 resistance ⚠️. Institutional buys and ETF hopes add fuel 🔥, but volatility looms with $3B options expiring soon 💥. Stay sharp: track volume, whale moves, and news to surf ETH’s wave 🌊 or dodge crashes ⛈️!
