Ethereum (ETH) has shown fluctuations, trading around $2,633 with a 1.2% decline in the last 24 hours.Despite recent retracement, Ethereum has surged by approximately 50% in the past month, indicating strong market interest.Analysts are closely monitoring Ethereum's technical indicators, including a 'bull flag' pattern and sustainability above the 200-day EMA.Market signals suggest a potential upward move for ETH towards $3,000-$3,500, with attention on market peaks and retail vs. institutional activity.