Ethereum Sees Bullish Surge as Buyers Return

Ethereum has broken out of its price range, with buyers re-entering the market following the Federal Reserve’s interest rate decision and the Pectra update. Analyst Michaël van de Poppe believes this resurgence signifies a potential test of the critical $2,105 resistance level, where ETH recently broke through above its previous support zone of $1,740-$1,837. This upward momentum was evident in a significant inflow of buyers.