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#ETH Ethereum (ETH)
Ethereum is a leader in the Blockchain industry, known for introducing smart contracts that power decentralized applications (dApps). The second-largest Crypto Assets is currently trading at $3,061 and has a market capitalization of $366 billion.
In addition to Bitcoin's sustained above $60,000, the ETH price is resilient above $2,850 despite recent geopolitical tensions in the Middle East. This demand pressure has caused the Ethereum price to Fluctuation between $2850 and $3274.
According to IntoTheBlock, Ethereum outflowed $500 million from DEX exchanges in a week, its highest level since February. This massive outflow could be a sign that investors are waiting for potential future yields or staking opportunities.
As a result, with a high-potential bull reversal, the ETH price could break through the $3274 resistance, encouraging buyers to pursue potential targets of $3700 and $4100.