Ethereums network is experiencing volume not seen in 2-3 years this is due to one thing and one thing only. DEFI. DEFI is the newest crypto wave and it allows users to take control of their own money rather than depending on the fed to supply an interest rate to reward you for saving, DEFI allows you to lend your currency to the network and earn 3x the APY that a normal bank would give you. You can also take the currency out whenever you want to. DEFI runs on the ethereum network which in turn causes ethereum to run as well.
Now for the TA- As you can see you have a long term falling wedge and current bull flag. Support at blue line and entry above green line.
Now for the TA- As you can see you have a long term falling wedge and current bull flag. Support at blue line and entry above green line.