Technical Momentum: $ETH is holding firm above key moving averages, showing strong relative strength compared to broader altcoin markets. A successful break past immediate overhead resistance could trigger a powerful continuation rally toward higher psychological price targets.
Network Activity & Staking: Staked ETH supplies continue to lock up a significant portion of the circulating tokens, creating a structural supply squeeze while Layer-2 scaling networks process record-high transaction volumes at lower fees.
#ETHETFsApproved #Ethereum #ETH #ETHETFS #ETHđ„đ„đ„đ„đ„đ„
Network Activity & Staking: Staked ETH supplies continue to lock up a significant portion of the circulating tokens, creating a structural supply squeeze while Layer-2 scaling networks process record-high transaction volumes at lower fees.
#ETHETFsApproved #Ethereum #ETH #ETHETFS #ETHđ„đ„đ„đ„đ„đ„