$ETH $ETH is showing strong bullish momentum this week, gaining attention from investors due to a steady price rise and growing institutional interest.

The recent approval of spot Ethereum ETFs by the SEC, with financial giants like BlackRock and Fidelity jumping in, has significantly boosted confidence in ETH’s long-term potential. Analysts highlight bullish technical patterns, including the “cup and handle,” pointing toward possible price rallies. Historical data also suggests Ethereum tends to perform well following Bitcoin halving cycles.