In the last 24 hours, Ethereum’s buying volume surged, with active addresses rising to 376,653. The transfer volume saw a notable increase of 120.53% with approximately 1.73 million ETH moved, hinting at heightened interest from U.S. Investors.

Currently trading at 2,712 USD, Ethereum has recorded a slight gain of 1.2%. To flip the market sentiment to bullish, it needs to recover from a 15.81% drawdown. Despite bullish indicators, the Fund Market Premium indicates some bearish pressure with a value of -0.9.