#ETH🔥🔥🔥🔥🔥🔥

Ethereum Analysis: Strong Recovery in the Last 3 Days

In the last three days, Ethereum (ETH) has exhibited notable bullish behavior, recovering from a previous drop. On April 22, ETH was around $2,220, and by April 25 it was trading near $2,767, representing an increase of over 24%. This momentum has been fueled by renewed institutional interest and positive expectations regarding future improvements to the network.

From a technical standpoint, Ethereum found support at key levels and has broken through some important resistances. The fear and greed index stands at 55, indicating a sentiment of moderate greed among investors. However, analysts warn that ETH may face resistance in the $2,800 and $2,900 zones.

Additionally, the crypto community is keeping an eye on the upcoming "Pectra" update, which promises improvements in scalability and efficiency, factors that could further strengthen the price of Ethereum.