Why Is Ethereum (ETH) Price Up Today?Ethereum (ETH) surged over 4% in the last 24 hours, reaching a three-month high of $2,789. The rally outpaced the broader crypto market, supported by a combination of technical indicators, surging futures activity, and strong inflows into spot Ethereum ETFs. Bull Flag Breakout Suggests Potential Rally Toward $4KTechnical analysts point to the recent breakout from a bull flag pattern, a bullish continuation formation that typically precedes a sharp upside. The breakout was confirmed when ETH closed above $2,650 on May 27
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