$ETH Ethereum has shown moderate bullish momentum over the past few days, stabilizing after a recent dip. As of now,$ETH ETH is trading around $2,990 to $3,050, gaining nearly 4.2% over the past 7 days. This upward trend is largely attributed to renewed investor interest ahead of the Ethereum Pectra upgrade, which is expected to improve scalability and gas efficiency. On-chain data shows a slight increase in daily active addresses, while staking deposits continue to rise steadily, indicating growing confidence in the network's long-term potential. Analysts are watching the $3,200 resistance level, which, if broken, could push$ETH
ETH toward $3,500 in the coming weeks. However, failure to hold the $2,900 support might invite a short-term correction. Overall sentiment remains neutral to slightly bullish, fueled by both tech developments and macroeconomic stability in crypto markets.#ETHETFsApproved #ETHđ„đ„đ„đ„đ„đ„
