Ethereum ($ETH
Price: ~$2,700, up 6% recently, holding above key support at $2,600.
ETF inflows hit $110M on May 22, with Layer 2 solutions like Arbitrum boosting network activity. Bitcoin ($BTC
show stronger momentum.
On-chain: Exchange supply at a 4.9% low, signaling reduced selling pressure. The Pectra upgrade enhances DeFi efficiency.
Technicals: Resistance at $3,000; support at $2,120 (50% Fibonacci). Forecasts range to $5,925 by year-end.
Sentiment: Bullish, driven by DeFi and NFT growth, though competition from Solana persists.