In the past four hours, ETH/USDT has shown notable volatility, reflecting the broader market dynamics. Ethereum (ETH) initially experienced an upward movement, briefly pushing the price above the $1,950 mark. This surge was driven by increased buying interest and positive sentiment following recent developments in the Ethereum ecosystem, including updates on the Ethereum 2.0 upgrade.However, the upward momentum faced resistance around the $1,960 level, leading to a minor retracement. The pullback was primarily due to profit-taking by traders who capitalized on the brief price increase. Despite this, trading volume has remained robust, indicating sustained interest in ETH$ETH