$ETH

Ethereum (ETH) shows signs of bullish momentum, currently trading around $1,801.05, with an increase of approximately 2.5% in the last 24 hours. Analysts suggest that this increase may be due to a decrease in short positions on CME, indicating a possible shift in market sentiment.

The Ethereum Fear and Greed Index stands at 56, reflecting a 'Greed' sentiment among investors. This suggests that market participants are optimistic, which could lead to increased buying pressure.

Technical indicators point to a possible breakout, with some analysts predicting a move towards the $2,000 mark if current trends continue.