According to @CryptoMichNL, ETH has just swept recent highs, making buys at current levels risky for traders, source: @CryptoMichNL. He states ETH appears to be setting up for a significant breakout toward all-time highs, source: @CryptoMichNL. He adds that allocating capital to assets within the ETH ecosystem may offer higher returns than buying ETH itself at these levels, source: @CryptoMichNL.

According to @rovercrc, Ethereum’s first autonomous treasury protocol, ETH Strategy, has successfully raised 12,342 ETH, equivalent to $47.8 million, in its pre-launch round. This significant capital influx highlights strong market interest in DeFi innovations on the Ethereum network and may contribute to increased trading activity and liquidity for ETH. Traders should monitor ETH price action and DeFi sector momentum following this news. Source: @rovercrc.