$ETH is trading around $3,267, showing strong momentum following Bitcoin’s breakout past $93K. Ethereum’s bullish move is driven by rising DeFi activity, growing NFT engagement, and anticipation of the Pectra upgrade. The upgrade promises enhanced scalability and reduced transaction costs, further solidifying Ethereum’s dominance in the smart contract space. On-chain data indicates increased staking and whale accumulation, signaling strong investor confidence. Analysts are eyeing the $3,350 resistance zone, with support holding near $3,100. As Ethereum continues to evolve, it remains a core asset for developers, institutions, and long-term investors. Keep an eye on key levels and upgrade timelines.