$ETH
The current price of ETH shows a strong bullish structure, supported by its breakout above key resistance levels and strong follow-through momentum. The price is trading above the 50 and 200-day exponential moving averages, indicating a sustainable upward trend. The Relative Strength Index (RSI) stabilizes in a bullish area around 60-70, suggesting strong momentum while still allowing for further upside before entering overbought territory. The MACD indicator remains bullish, with the histogram widening and the separation between the signal line and MACD continuing. Chain metrics also show an increase in accumulation, and the rise in trading volume on up days indicates buyer conviction. As long as the ETH price holds above the support zone between $3200 and $3300, the technical outlook remains favorable for continued gains, targeting a range between $3800 and $4000 in the medium term. Please include context related to Layer 2, decentralized finance (DeFi), or Ethereum exchange-traded funds.