$ETH is now up nearly 8% — and it's closing in on its daily high. 👀
$ETH is around $2,429, up about 7.9% in 24 hours.
It traded between $2,226 and $2,450 in the last day — now sitting just about $21 below that high.
24h trading volume is about $803 million.
BTC is up about 5.4% over the same period, so ETH is still leading the two.
Why does ETH strength matter? Ethereum powers a huge share of DeFi apps, so when DeFi tokens rally, ETH often moves with them — and a stronger ETH supports confidence across DeFi too.
The level to watch is that $2,450 high. Testing it again would show the move has staying power; slipping back toward $2,226 would show it was a short burst.
Are you more interested in ETH itself, or in the DeFi apps built on it?
#Ethereum #ETH #DeFi
Not financial advice.
$ETH is around $2,429, up about 7.9% in 24 hours.
It traded between $2,226 and $2,450 in the last day — now sitting just about $21 below that high.
24h trading volume is about $803 million.
BTC is up about 5.4% over the same period, so ETH is still leading the two.
Why does ETH strength matter? Ethereum powers a huge share of DeFi apps, so when DeFi tokens rally, ETH often moves with them — and a stronger ETH supports confidence across DeFi too.
The level to watch is that $2,450 high. Testing it again would show the move has staying power; slipping back toward $2,226 would show it was a short burst.
Are you more interested in ETH itself, or in the DeFi apps built on it?
#Ethereum #ETH #DeFi
Not financial advice.