Ethereum is showing strong signs of recovery, currently trading near $3,250. The cryptocurrency has rebounded from a dip to around $3,100, suggesting sustained buying pressure from both individual and institutional investors. Recent reports indicate $150 million in institutional inflows into Ethereum funds, contributing to this positive market sentiment. Ethereum’s price stabilization aligns with the broader crypto market recovery, as seen by Bitcoin’s similar upward trend. Experts believe that if Ethereum passes the $3,300 resistance level, it could signal a bullish trend and potentially reach new highs. Forecasts suggest Ethereum may test the $3,500 mark in the near future, based on historical price trends.