Ethereum Price Surge: Shark Accumulation Fuels $3,237 Rebound and Potential Breakout

Ethereum has experienced a significant price rally, reaching new heights above $3,237, driven by aggressive buying activity from large investors. This resurgence is fueled by several factors including increased DeFi adoption, growing institutional investment, the upcoming Fusaka upgrade, and a shift in whale behavior. Analysis suggests this could be the beginning of a strong upward trend for Ethereum.