Ethereum is showing strong momentum this week, backed by increased network activity, institutional interest, and positive sentiment in the broader crypto market. ETH price is holding above key support levels, signaling bullish strength as traders anticipate a breakout. The rise in DeFi transactions, NFT marketplace volume, and Ethereum staking has boosted investor confidence. Technical indicators suggest strong buying pressure, while the macro trend in Bitcoin also supports ETH’s upward movement. If Ethereum sustains this pace, it could test higher resistance zones soon, making it one of the standout performers in the market this week.

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