Ether recently saw a significant price hike, reaching $1,950, a level not seen for seven weeks. This increase by 29% from its previous low marks a notable shift, with market participants closely monitoring whether ETH can surpass the $2,100 barrier. Optimism grew on the US stock market, driven by substantial gains that followed earlier concerns over AI-linked stock valuations. The anticipation around corporate earnings, notably after 3M Company’s morning report, contributed to this buoyancy.