Ethereum Price Surges Towards $2800 Amid ETF Renewal and Glamsterdam Test

Ethereum's price has surged towards $2,713 after reaching an intraday high of approximately $2,743. This marks a significant advancement for ETH and puts it within striking distance of $2,800.

The renewed demand for ETFs and the upcoming October 6 Glamsterdam test fork have drawn more attention to Ethereum. The recent reclaiming of support at around $2,650 has strengthened the market's focus on this target price.

Holding above $2,650 is crucial for ETH to maintain its momentum towards $3,000. If it breaks through $2,800, it could expose higher targets such as $2,900 and $3,000, especially if spot ETF inflows remain positive.