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Ethereum Price Analysis Today: ETH 2.0 Staking Deposits Surge $220 Million ahead of Pectra Update – Buy or Hold?

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Summary
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70% Informative

ETH price remains above $ 1,950 support, fueled by strong ETH 2.0 staking inflows and reduced sell-side pressure.

A breakout above $2,005 could push ETH price toward $ 2K100 , with tightening Bollinger Bands signaling potential volatility.

Investors have staked over $220 million worth of ETH in just two days , coinciding with ETH ’s consolidation phase.

ETH price forecast signals swinging positive, amid the ongoing consolidation phase..

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