Ethereum ETH is showcasing a strong bullish signal as it has confirmed a golden cross on the daily chart. The convergence of its 50-day and 200-day moving averages has proven firm, leading to a positive market response. After stabilizing in the $2,450 to $2,475 range, ETH has now risen above $2,540. This technical pattern often signifies potential bullish momentum, enticing traders and investors alike. Keeping an eye on Ethereum’s price movement in the coming days may yield insights into broader market trends and investment strategies.