$ETH Ethereum (ETH) is trading positively today, hovering around the $1,800 to $1,815 mark. This comes after a notable increase over the past week. Several factors appear to be influencing the price, including a reduction in short positions on the CME and recent positive inflows into Ethereum Exchange-Traded Funds (ETFs), marking their first weekly inflows since February. The broader cryptocurrency market sentiment, bolstered by Bitcoin's rally, also seems to be contributing to ETH's upward movement. While facing some resistance around the $1,800 level, the overall trend in the short term shows bullish signs.