Ethereum surged above $2,300, indicating a potential altseason resurgence in the crypto market.
$92M in ETH was withdrawn from exchanges, and $32M was allocated by the Ethereum Foundation for ecosystem growth, showing increased institutional support.
Key technical levels like $2,285 were reclaimed by Ethereum, along with bullish signals from RSI and Bollinger Bands.
ETH's price rally, supported by institutional interest, on-chain resistance clusters, and a $32 million investment commitment, signals a positive outlook for Ethereum's future.