$ETH is up 3.59% to $2,510, outperforming Bitcoin as institutional demand and improving macro sentiment drive the move. Bitmine’s $69M ETH purchase has further tightened supply, while the CPI data helped ease inflation fears. $ETH now needs to hold $2,420–$2,440 for a potential breakout above $2,560 toward $2,800, though Fed policy remains the key near-term risk.