#ETHMarketWatch

Current Price and Performance:

* The price of Ethereum is currently around $2,500 - $2,700 USD (the exact price may vary slightly depending on the platform).

* It has experienced some volatility, with a slight decline in the last 24 hours (around -0.42% to -6.13% according to the source).

* Despite short-term fluctuations, the price of Ethereum has remained relatively stable this week, and has shown a clear upward trend since early May.

* In the last month, ETH has had a significant increase (around 37% according to some sources), driven by greater user interaction with DeFi and DApps, increasing the demand for ETH for "gas" (transaction fees).

* The market capitalization of Ethereum is around $305 - $319 billion USD, keeping it as the second largest cryptocurrency by market capitalization.

* The 24-hour trading volume is considerable, exceeding $28 - $37 billion USD.

Technical Analysis:

* Bullish Trend: The daily chart of ETH shows a clear bullish trend since early May, with higher lows and strong buying volume. All key moving averages (34-day EMA, 50, 100, and 200-day SMA) have an upward slope, reinforcing the bullish structure.

* Key Resistances:

* The 200-day SMA (around $2,703 USD) acts as an important dynamic resistance. A daily close above this level could confirm a broader bullish continuation.

* The Realized Price (near $2,900 USD) is another crucial final hurdle. Surpassing it would indicate confidence from large-scale buyers.

* Other important resistance levels are mentioned around $2,804 USD.

* Key Supports:

* The immediate support levels for Ethereum are around $2,618 USD and $2,587 USD.

* A stronger support lies in the $2,530 - $2,535 USD zone, considered a solid area for buyers.