#ETHRally The hashtag #ETHRally is used to discuss and celebrate the recent surge in Ethereum's price. Fueled by significant events like the approval of spot Ethereum ETFs and a subsequent increase in institutional investment, ETH has been experiencing strong bullish momentum. Analysts and enthusiasts are pointing to technical indicators, such as the coin breaking above long-term resistance levels, and on-chain metrics, like a 9-year low in exchange supply, as signals that a "parabolic rally" could be on the horizon. The sentiment is that with institutional adoption growing and demand increasing, Ethereum could be on a path to retesting its all-time high and potentially moving into a new price discovery phase.