Ethereum (ETH) has seen notable price movements recently, experiencing an increase in the last 24 hours. The price currently hovers around $2,700-$2,800, having tested higher levels of $2,833. This positive trend follows a period of consolidation and is fueled by factors like continued inflows into ETH investment products and positive sentiment surrounding potential SEC approval for staking in US spot ETH ETFs. However, the market remains volatile, influenced by broader crypto trends and macroeconomic factors.