Has Ethereum come back to life? Or is this just a sleight of hand?

A week ago we wrote: "$ETH is at a standstill." So what now?

— +10.23% in a day

— $1739.98 on the chart

— $208 billion in market capitalization

— $21.26 billion in trading volume over 24 hours

— And all this — with a decline of -64% from ATH

Ethereum is back in the headlines. But is this a turnaround or a dead cat bounce?

Let’s remember: DeFi continues to stagnate, NFTs are in a coma, and $SOL doesn’t slow down. The macro environment is still against.

What do you think — is $ETH aiming for $3K or preparing for another drop?

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