<ul><li>Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1.</li><li>The launch of Privacy Pools on Ethereum is driving Ether's bullishness today, enhancing on-chain privacy and attracting more users and developers to the network.</li><li>Reducing supply on exchanges: ETH balance on exchanges has reached a 9-year low, while ETH inflows into accumulation addresses have surged, indicating potential accumulation by institutional investors and large holders.</li><li>Ether's price nurtures a V-shaped recovery pattern, with a potential 12% increase if it can break the resistance at $1,900-$2,000 and reach the neckline at $2,100.</li></ul>

Why is Ethereum (ETH) price up today?

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