Daily update $ETH

Ethereum started the day at $2,508 and has risen to $2,667, marking a 6.3% gain. This upward movement is attributed to increased institutional interest and significant ETF inflows, which have bolstered market confidence. CoinDesk

Technical indicators show a breakout above the 50-day moving average, with the Relative Strength Index (RSI) approaching overbought territory, suggesting strong bullish momentum. Blockchain News

Analysts predict that if Ethereum maintains its current trajectory, it could test the next resistance level at $2,745. Binance

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