$ETH Overview of Ethereum (ETH)
Strong Rise and Technical Movements:
Ethereum has shown remarkable performance, surging over 21% in the past week to reach around $4,300, supported by record institutional inflows and a positive regulatory climate.
Small public companies have significantly increased their holdings of ETH, reaching two million dollars with a total value of approximately 3.5 billion dollars, benefiting from yield opportunities through staking.
The technology and fundamental factors indicate great upside potential: surpassing the resistance level at $4,000 could open the way to $6,000 and possibly $7,000 by the fourth quarter of 2025.
Some even talk about a higher scenario, such as reaching $12,000, if the bullish momentum continues strongly.
With the improvement of the technical infrastructure (such as Dencun and future updates) and increasing network activity and L2 technologies, the fundamentals appear to be strong in the long term.