Ethereum has extended its upward momentum this week, climbing over 20% in the past seven days and pushing past $3,600 for the first time in months. As of the time of writing, ETH trades at $3,617, marking a 5. 4% increase within the past 24 hours. This rally has been drawing attention from analysts who are examining whether the price movement is being driven by sustainable investor demand or short-term speculative activity
source: https://www.newsbtc.com/news/ethereum/ethereums-rally-isnt-what-it-seems-heres-whats-really-driving-it/