#Ethereum✅

Current Price: $3,821.76

24h Change: +5.64%

Market Cap: $460.14B

24h Volume: $30.09B

Analysis:

Ethereum’s rally is driven by renewed L2 ecosystem activity, especially on Base and Arbitrum, along with staking growth. According to Dune Analytics, over 32.6M ETH is staked, a record high.

ETH just broke past a resistance level at $3,750, forming a bullish cup-and-handle pattern.

On-Chain Perspective:

Nansen reports increasing ETH outflows from exchanges—typically a bullish signal. Gas fees remain manageable, boosting DeFi usage.

Future Outlook:

A breakout to $4K looks imminent. The key resistance lies at $3,900; breaching this opens up $4,200 as the next leg.

Strategic Reflection:

Ethereum's real strength is its ability to evolve. The staking economy and L2 adoption are its silent engines.

Is Ethereum staking building the financial backbone of Web3?

$ETH