$ETH Ethereum ($ETH) has shown strong signs of recovery, bouncing back from recent lows with a steady uptrend in both price and market sentiment. This rebound appears to be fueled by multiple key factors: a resurgence in DeFi activity, declining ETH balances on centralized exchanges (suggesting accumulation), and optimism around the upcoming Ethereum upgrades aimed at boosting scalability and lowering gas fees.

Additionally, increased ETH staking and reduced sell pressure from large holders have contributed to market stability. Technical charts now show ETH breaking out of a prolonged consolidation phase, hinting at potential bullish continuation if momentum sustains.

$ETH