Ethereum $ETH is currently trading at $3,245, reflecting a 2.55% decline over the past 24 hours. The cryptocurrency recorded a 24-hour low of $3,159 and a high of $3,341.
While the market sentiment remains bearish, a CoinGape analyst suggests ETH could still be on track to revisit its all-time high. This optimism comes after Fidelity deposited 103 million ETH into Coinbase, reigniting investor interest and fueling speculation about potential upward momentum.
