#Ethereum
Ethereum (ETH)
ETH trades around $3,420 USD, down over $110 on the day .
DeFi activity steady; staking continues to lock supply.
Market eagerly awaits potential ETF approvals and tech upgrades.
Current pullback amounts to temporary breather.
Reading: neutral‑bullish, pending catalyst.
TIP: Track staking inflow rate—if rising sharply, supply tightens and supports price.