$ETH is trading around $3,267, showing strong momentum after Bitcoin broke above $93,000. The upward movement of Ethereum is driven by increased DeFi activity, heightened interaction with NFTs, and anticipation for the Pectra upgrade. The upgrade promises to improve scalability and reduce transaction costs, enhancing Ethereum's dominance in the smart contracts space. On-chain data indicates an increase in staking and whale accumulation, demonstrating strong confidence from investors. Analysts are watching the resistance area at $3,350, with support near $3,100. As Ethereum continues to evolve, it remains a foundational asset for developers, institutions, and long-term investors. Keep an eye on the key levels and upgrade schedules.