$ETH recent news includes:
- *Price Movement*: Ethereum's price surged 29% after a 10-week bear market, driven by shifting regulatory and investor sentiment. Currently, $ETH is trading around $1,450, with some analysts predicting further upside.
- *Market Predictions*: Analysts believe Ethereum could rally towards $2,700 if investor sentiment shifts positively. Others predict a potential drop to $1,000 due to bearish market trends.
- *Comparison to Bitcoin*: Ethereum's price setup versus Bitcoin mirrors 2019, with potential for a 450% gain if historical trends repeat. The ETH/BTC pair is nearing a critical price zone.
- *Network Developments*: Ethereum's layer-2 scalability has improved, solidifying its position in decentralization and security with a total value locked (TVL) of $64 billion.
