$ETH is trading at 2710.8, holding above VWAP 2707.5. Over 5 minutes, volume rose to x8.64, while the price gained +0.16%.

Elevated activity is occurring against a neutral BTC backdrop. This is a local surge in interest, not a broader market trend.

We’re watching the reaction at resistance 2723.6. Until there’s a breakout, the structure remains unchanged.