$ETH

As of October 15, 2024, Ethereum (ETH) is trading at approximately $2,612, reflecting a notable increase of 3.40% over the past 24 hours. This bullish momentum can be attributed to various factors, including positive market sentiment surrounding cryptocurrencies following Bitcoin's recent all-time high.

Analysts are optimistic about ETH's potential for the next month, predicting a range between $2,612 and $2,655. Furthermore, Ethereum's ongoing upgrades aim to significantly enhance its scalability, which could bolster its value as more users and transactions are onboarded.

With these developments, the overall sentiment appears bullish, particularly as ETH strives to reclaim its previous highs. For more in-depth insights and future predictions, you can explore detailed analyses from sources like Gate.io and CryptoNews.

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