$ETH
Ethereum (ETH) is bullish due to rising optimism around a potential spot ETH ETF approval in the U.S.
Increased institutional interest and accumulation are driving up demand.
The upcoming Ethereum upgrades (like Proto-Danksharding) are boosting scalability confidence.
ETH’s deflationary supply since the Merge (EIP-1559 + staking) is tightening market availability.
Broader crypto market recovery and positive macroeconomic signals are also lifting ETH prices.