Ethereum ($ETH ) is currently trading at $2,582.76, reflecting a 0.036% increase from the previous close. The intraday high and low are $2,582.76 and $2,452.84, respectively. 
Recent analyses suggest that Ethereum’s price could potentially reach $10,000 if current bullish patterns persist. 
The recent Pectra upgrade, Ethereum’s most substantial overhaul since the 2022 Merge, aims to improve transaction speed and cost efficiency. This upgrade includes 11 Ethereum Improvement Proposals, enhancing wallet usability and increasing the staking cap, which could positively impact Ethereum’s market performance. 
Additionally, the ETH/BTC ratio indicates that Ethereum is currently undervalued compared to Bitcoin, suggesting potential for price appreciation. 
Given these factors, Ethereum presents a compelling opportunity for traders considering entering positions. 
