Ethereum is trading at $1,646.01 on July 2, 2026 — up 4.79% over 24 hours — extending the sharp recovery that began with a bounce off $1,548.37 on June 30. The 1H chart shows ETH pushing to a fresh session high of $1,657.53 before pulling back slightly to current levels, continuing the bullish momentum that has defined the past several sessions. Ethereum’s moving averages remain in clear bullish alignment: MA(7) at $1,631.71 sits above MA(25) at $1,618.01, which sits above MA(99) at $1,591.28 — confirming the short, medium, and long-term trends are all now pointing higher.