$ETH
ETH/USDT Market Update: Bullish Momentum Builds
Ethereum (ETH) has shown renewed strength against USDT, with the pair trading above key support levels as of the latest sessions. After consolidating around the $3,600 mark, ETH/USDT is now testing resistance near $3,750, driven by growing optimism around Ethereum’s upcoming upgrades and increased DeFi activity. Technical indicators suggest bullish momentum, with RSI edging closer to overbought territory and the 50-day EMA acting as a strong support. Analysts are also watching on-chain data, which points to a rise in long-term holding and institutional interest. If the momentum holds, a breakout above $3,800 could signal a new rally phase.
