Ethereum is trading near $2,729 after reaching $2,746 intraday, extending a recovery that began near $1,500 in June and formed a series of higher lows. Buyers are testing the $2,750-$2,800 resistance zone after ETH cleared $2,400-$2,500 in September; a daily close above $2,800 would put the psychological $3,000 level in focus, followed by resistance around $3,300-$3,450. Momentum remains positive but has moderated, with the daily RSI (momentum indicator) at 65.86 and MACD (trend-and-momentum indicator) below its signal line. U.S. spot Ethereum ETFs attracted about $690 million in net inflows from Sept. 21-25, led by BlackRock's ETHA, while Citi raised its 12-month Ethereum forecast from $2,240 to $3,028. The Glamsterdam upgrade is scheduled for early October deployment on the Sepolia testnet, with improvements planned for execution efficiency, node synchronization and scalability.