Ethereum (ETH) has rebounded approximately 25% from its April low of $1,550, currently trading around $1,576. This recovery is supported by increased activity on Layer 2 networks and a significant drop in gas fees, which have reached their lowest levels since 2020. Analysts are monitoring key resistance levels at $1,650 and $1,720, with potential for further gains if these thresholds are surpassed.

#USChinaTensions #Write2Earn