Why Is Ethereum Up Today? Capital Rotation Overpowers Altcoin Gloom for ETH's 6% Breakout to $1,700
Ethereum (ETH) has snapped a brutal multi-month downtrend with a dynamic 6% breakout above $1,700, outperforming Bitcoin. This data-driven analysis unpacks the convergence of the newly launched Ethereum Institutional non-profit alliance, multi-million dollar corporate treasury accumulation, and vital technical indicators.