Market analysis report.
In the past month, Ethereum (ETH) showed mixed market performance. It started strong, hovering around $3,800, but faced selling pressure mid-month, dropping near $3,400. Volatility increased due to macroeconomic factors and SEC-related ETF updates. Despite the dip, investor sentiment remained positive with rising DeFi activity and Ethereum staking reaching all-time highs. Network upgrades and Layer 2 adoption boosted long-term confidence. By the end of the month, ETH recovered slightly, stabilizing near $3,600. Overall, Ethereum demonstrated resilience amid fluctuations, maintaining strong fundamentals and developer activity, making it a key asset to watch in the crypto space.
