$ETH , Ethereum ($ETH) is currently **BULLISH**

Current Price: $3,245.67

24hr Increase: +2.5%

Market Cap: $391.4 Billion

Reasons for bullish trend:

1. **Upcoming Shanghai Upgrade** boosting scalability

2. **Institutional investors accumulating ETH**

3. **DeFi and NFT growth** increasing demand

4. **Merge from PoW to PoS** reducing energy consumption

But some analysts see **BEARISH** signs:

1. **Resistance at $3,300**

2. **Possible Fed rate hike**