$ETH

Ethereum (ETH) is currently experiencing a strong bullish momentum, driven by a combination of technical and fundamental factors. ETH recently surged to a 15-week high around $2,833, breaking out of a consolidation phase and outperforming many altcoins. This rally is supported by increased trading volumes, record futures open interest, and notable whale activity, signaling strong institutional and retail confidence. The recent Pectra upgrade enhanced Ethereum’s network capacity and staking limits, further attracting investors. Despite some short-term pullbacks, ETH’s outlook remains positive with many analysts forecasting prices between $3,000 and $4,000 by year-end 2025. Shorts have been squeezed, contributing to the upward price pressure.