$ETH The latest news about Ethereum (ETH) shows a mixed outlook but with underlying bullish trends. Currently, ETH is hovering around $1800, showing signs of recovery after a period of indecision. Spot Ethereum ETFs in the U.S. recorded their first weekly inflows since February, suggesting growing institutional interest.

Technically, ETH is testing the key resistance of $1800, coinciding with the 50-day SMA. A daily close above this level could strengthen the bullish momentum. However, the Stochastic Oscillator is in overbought territory, which could anticipate a short-term pullback.

Regarding developments, Ethereum validators tested a significant increase in the gas limit for the upcoming hard fork Fusaka, which could improve the network's capacity. Additionally, accumulation addresses have captured a significant amount of ETH, indicating a possible return of long-term bullish sentiment.