Ethereum (ETH) has maintained its bullish momentum, breaking the $2,100 barrier amid aggressive whale accumulation and rising institutional optimism. Recent on-chain data indicates that the price may have reached a macro bottom, suggesting a long-term floor has been established for the asset. This recovery is further bolstered by key support levels holding firm, even as market volatility reaches its highest point in nearly a year. These technical milestones build upon the positive sentiment initially generated by spot ETH ETF inflows and sustained liquidity growth. Analysts suggest that confirming a macro bottom provides a strong foundation for further gains, signaling a potential end to major correction phases. This convergence of on-chain strength and institutional support marks a significant turning point for Ethereum’s market performance.
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