Why is Ethereum (ETH) price up today?

">">Key points:Ether’s price outperforms the wider crypto market with 4% gains over the last 24 hours to hit a three-month high of $2,789 on May 29. ETH record open interest, rising funding rates and consistent inflows into spot Ethereum ETFs fuel the rally.A classic bullish continuation pattern suggests a potential 46% climb toward $4,000 as ETH reclaims key support.Ether’s (https://cointelegraph.com/ethereum-price

, Ether’s close above $2,600, the midline of the Gaussian Channel (a moving average-based band that tracks long-term momentum), is likely to open the path toward $4,100.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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