Ethereum climbs 3% on tokenization boom: Can bulls push ETH price past $1,800?
CoinTelegraph·
60-second summary
Ethereum is climbing 3% on the tokenization boom, with institutions accumulating the asset, but weak onchain and derivatives data leave it vulnerable to a $1,700 retest, potentially halting the upward momentum. The tokenization gains are significant, but the lack of strong onchain activity and derivatives data suggests bulls may face resistance in pushing ETH price past $1,800.
Despite strong tokenization gains and institutional accumulation, weak onchain and derivatives data leaves ETH vulnerable to a $1,700 retest.