$ETH Ethereum (ETH) is the second-largest cryptocurrency by market capitalization. Here's a brief overview:

Current Price

ETH is currently trading at $6,444.15 USD.

Market Capitalization

The market capitalization of ETH stands at $794.85 billion USD.

24-hour Trading Volume

The 24-hour trading volume of ETH is $24.15 billion USD.

Recent Developments

Ethereum has been making headlines with its transition to proof-of-stake (PoS) consensus algorithm, also known as "The Merge." This upgrade aims to improve the network's scalability, security, and sustainability.

Price Analysis

ETH has been experiencing a bullish trend, with a 5.25% increase in the past 24 hours. The Relative Strength Index (RSI) is recovering from oversold levels, indicating potential further upside. Fibonacci retracement levels suggest key targets above $7,000, with immediate resistance at $6,800 and key support at $6,200.

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making any investment decisions.