$ETH Ethereum (ETH) is currently trading around $1,767.74, experiencing a slight pullback after reaching an intraday high of $1,816.69. Despite this minor decline, ETH has shown resilience, with a notable 5.92% gain to $1,797.76 observed recently, marking its highest level since early April . In India, ETH is priced at approximately ₹147,000, reflecting similar market dynamics. The recent price movements are influenced by a combination of factors, including a significant $27 million sale by a long-term holder after 900 days of inactivity and the current stagnation in Ethereum ETF flows, indicating cautious investor sentiment . Analysts are closely monitoring the $1,800 resistance level, with a potential breakout possibly propelling the price toward the $2,000 mark . Investors are advised to stay informed and consider both technical indicators and broader market developments when evaluating their positions.
