#EthereumTurns10
In a notable development, Ethereum $ETH has regained the $3,800 level, sparking interest among investors and followers of the cryptocurrency market. This rise is considered a sign of renewed buying momentum and market confidence in the future of Ethereum, especially with the upcoming network upgrade and improvements in its transaction capabilities and speed.
Technical support at the $3,600 level played an important role in preventing further decline, paving the way for a strong rebound. Additionally, the influx of liquidity from major institutions and support from decentralized finance (DeFi) platforms has contributed to bolstering demand. Regaining this level may pave the way for testing resistance at $4,000 in the coming days if the current momentum continues.