$ETH

Ethereum's current price is around $2,679.46, with a 2.17% increase over the past 24 hours ¹. The market capitalization is approximately $323.38 billion, with a 2% increase ¹.

Looking at the price chart, Ethereum has been consolidating within a crucial price zone, with buyers and sellers battling for control ². The current price is testing an ascending trendline, which has repeatedly acted as a significant rebound area ².

Some analysts predict a potential breakout from this consolidation area, which could drive the price up to around $3,000 ². However, others are more cautious, noting that Ethereum's price has fallen by 17.42% over the past month ².

In terms of news, there have been reports of a significant hack on the crypto exchange Bybit, with $1.4 billion worth of Ethereum stolen ³. Additionally, the SEC has unveiled a new cyber unit to complement its crypto task force, which may have implications for the Ethereum market ³.