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ETH Bounces from 2773 to Near 3000 Amid Market Volatility

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ETH
$2,988.180.18%
Ethereum (ETH) rebounded from 2773 to 2980 in one day, with a 6% gain. The move followed $420 million in liquidations, easing selling pressure and hinting at institutional buying. Volatility indicators show ETH near the 120-day moving average, with RSI leaving oversold levels. A 7.5% staking yield and Layer 2 upgrades support fundamentals. Favorable policy shifts, like CFTC and MiCA, add long-term upside. The risk-to-reward ratio now looks more balanced for traders.
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