🔔 Price of ETH has increased by 1.51% in the past 7d.

🔸 Summary:The price of ETH has increased by 1.51% over the past week, currently sitting at $3,173.36 after a moderate uptrend. Despite the price increase, there is a significant negative capital flow, with a decrease from 11,476.47 ETH to -4,315.49 ETH in the past 7 days, suggesting that the price rise may not be sustainable.

📈 Technicals:

The MACD indicates a volatile yet increasingly bullish market, the RSI shows a neutral but cautiously optimistic sentiment, the OBV suggests sustained buying pressure and bullish sentiment, and the contracting Bollinger Bands point to decreasing volatility with a potential shift towards bullish sentiment.

📰 News:

🔸 Solana Sees Over $160 Million Bridged From Ot

🔸 EIP-7702 Proposal Aims To Boost Smart Account

🔸 Ethereum's Future: Fragmentation To Become It

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. Not financial advice.