$ETH Ethereum ($ETH) is currently trading around $1,597.89, showing a 1.13% increase from the previous close. This rise comes after ETH managed to reclaim the $1,600 level, a sign that bullish momentum could be building again.

From a technical perspective, ETH is currently ranging between support at $1,560 and resistance at $1,600. A clear breakout above $1,600 could push the price toward $1,680 in the near term. However, if it drops below $1,545, we might see a deeper correction.

Traders are watching closely, with market sentiment leaning cautiously optimistic as Ethereum eyes its next move. $ETH