#Ethereum ($ETH
demonstrates local growth and trades around $2 634. The latest daily jump in price was about 5.85%, driven by a new wave of investor optimism around spot ETH ETFs and SEC regulatory decisions. From a technical standpoint, the asset holds a strong long-term uptrend (the 200-day moving average is steadily rising. Regulatory support: SEC approval of Ethereum-based investment products reduces regulatory risks and brings large institutional capital to the market. Growth in derivatives volatility: There is a sharp increase in trading volumes of futures and options on #ETH , which triggers “short squeezes” (forced closures of short positions by bears) and accelerates the price rise.2031 $3 340 $4 410 – $5 260. #EthereumReclaims$2600 #ETHETFsApproved #etherreum
demonstrates local growth and trades around $2 634. The latest daily jump in price was about 5.85%, driven by a new wave of investor optimism around spot ETH ETFs and SEC regulatory decisions. From a technical standpoint, the asset holds a strong long-term uptrend (the 200-day moving average is steadily rising. Regulatory support: SEC approval of Ethereum-based investment products reduces regulatory risks and brings large institutional capital to the market. Growth in derivatives volatility: There is a sharp increase in trading volumes of futures and options on #ETH , which triggers “short squeezes” (forced closures of short positions by bears) and accelerates the price rise.2031 $3 340 $4 410 – $5 260. #EthereumReclaims$2600 #ETHETFsApproved #etherreum
