Ethereum ($ETH ) is currently showing strong upward momentum, with the price around $2,200. Recently, the overall recovery of the crypto market and the activeness of Ethereum in the fields of decentralized finance (DeFi) and non-fungible tokens (NFT) have led to a continuous increase in the demand for ETH.

In terms of technical analysis, the price of Ethereum has successfully broken through several key resistance levels and traded above important moving averages, indicating a bullish trend in the short term. In addition, as the upgrade process of Ethereum 2.0 accelerates, investors are full of expectations for its future performance, which provides strong support for market sentiment.

Recent data shows that the increase in the number of active addresses reflects the participation of more users, which usually has a positive impact on prices. The overall market trend also shows that investors are paying more attention to Ethereum, and this trend has largely driven its price increase.

In short, Ethereum has performed steadily in the current market and is expected to continue to attract more investors in the coming weeks. It will be very important for Ethereum investors to keep an eye on market changes and seize potential investment opportunities.