Ethereum Price Surges 25% Since July Rebound

Ethereum's price has seen a significant surge of nearly 25% since the start of July, following its rebound from the $1,500 support zone. This recovery added more than $400 to its price in less than a month.

The rally restored bullish sentiment across the market after June's steep correction. Buyers have consistently defended higher lows throughout the ongoing uptrend.

ETH now trades near the $1,900 resistance zone after reclaiming $1,800, and a successful breakout could bring the $2,000 psychological level back into focus.