What is going on ETH#ETHCOIN $ETH

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​As of March 21, 2025, Ethereum (ETH) is trading at approximately $1,970.52, reflecting a slight increase of 0.058% from the previous close.​

Over the past week, Ethereum's price has experienced fluctuations, reaching a high of $2,060.73 on March 20 and a low of $1,887.76 on March 17. ​YCharts

Recent analyses highlight a significant market movement, with Ethereum's price surging from $3,200 to $3,450 within a 30-minute span on March 21, marking a 7.81% increase. ​Blockchain News

Additionally, Ethereum's supply on exchanges has hit its lowest level since 2015, with only 8.97 million ETH available, indicating potential bullish sentiment among investors. ​CryptoRank

However, some analysts caution about potential overbought conditions, as indicated by the Relative Strength Index (RSI) reaching 78, suggesting that the asset might be due for a correction. ​Blockchain News

Overall, Ethereum's market trends indicate both opportunities and risks, emphasizing the importance for investors to stay informed and exercise caution.​