Ethereum Price Sees Golden Cross, Institutional Accumulation Fuels Bullish Momentum
Ethereum's price has been showing renewed bullish momentum as technical signals indicate a potential trend reversal.
Improving market structure and sustained buying interest are strengthening expectations for further upside, while institutional accumulation is also supporting confidence in the altcoin's recovery.
The Ethereum price currently stands at $2,438.92 with a 24-hour trading volume of $12.89 billion and a market capitalization of $294.48 billion.
According to Luca, a crypto analyst, Ethereum has formed its first golden cross since July 2025, giving traders a fresh bullish signal.
The pattern appears when the 50-day moving average rises above the 200-day average, often indicating improving momentum and a potential shift toward a sustained uptrend.