$ETH

Based on current market indicators and recent trading activity, Ethereum appears poised for a modest gain today.

The asset’s price has shown consistent support around $3,100 after yesterday’s dip, indicating bullish sentiment among short term traders.

Technical analysis reveals that the 14 day Relative Strength Index (RSI) stands near 52, suggesting neutral momentum with slight upside potential.

Trading volume has increased by 2.4% over the past 24 hours, reflecting renewed investor interest following a period of consolidation.

On chain metrics highlight a rising number of active addresses and a decline in exchange net inflows, which historically precedes upward price movements.

Macro factors, including a strengthening US dollar and rising treasury yields, may apply downward pressure but are currently balanced by positive network developments such as upgraded staking yields.

Overall, these factors collectively favor a gradual price increase for Ethereum today, though short term volatility remains a risk, with moderate buying interest expected throughout the session.