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#ETH# $ETH h The current trading price is approximately $2,438.77 USD, reflecting a 1.27% increase over the past 24 hours, with a trading volume close to $900 million USD, indicating an active market. Ethereum, as the second-largest cryptocurrency, has a market capitalization of approximately $29.44 billion, accounting for 9% of the entire crypto market. The circulating supply is 120.72 million ETH, and due to its unrestricted design, there is no fixed maximum supply. Recent posts on X highlight the bullish sentiment, with significant trading volume in the spot ETH ETF. Technical analysts note that ETH shows resilience above the $2,400 support level, and if momentum continues, it may target $2,813. The Pectra upgrade activates in May 2025, enhancing network efficiency by increasing staking limits and reducing validator activation time, strengthening long-term confidence. Institutional investment interest remains strong, with BlackRock's Ethereum ETF holding nearly 1 million ETH, although some analysts express caution about potential short-term volatility due to geopolitical tensions and competition from platforms like Solana. Despite a recent 0.34% intraday dip, ETH's relative strength index is at 46.7, with the 50-day EMA support level at ($2,434), suggesting that if it can break above the $2,570 resistance, a breakout towards $2,750-$2,800 is potential, making it a focal point for traders today.
#Top 3 CEXs: A Moment of Transformation# #Hong Kong Digital Asset Policy 2.0#