Ethereum Surges to $2,510 as Broad Risk Appetite Drives Crypto Market

Ethereum's price has surged to $2,510, pushing momentum readings into overbought territory. The daily RSI stands at 80.39, a level that typically precedes either a continuation blow-off or a sharp cooling-off period.

The move is being driven by broad risk appetite across the crypto market, with Bitcoin topping $80,000 and a Fear & Greed Index of 74.

Uniswap V3 fees have surged 191.9% over seven days, signaling genuine on-chain demand rather than purely speculative activity.