ETH rebounded from 1,505 to 1,800 this time; easing geopolitics + a recovery in derivatives are driving both momentum. The RWA narrative is still propping up valuations, and short-term sentiment has been repaired a bit too quickly.

Bit Journal news: Ethereum’s price has rebounded to near $1,800, benefiting from eased geopolitical tensions and a strong short-term recovery in the crypto derivatives market. The cryptocurrency has surged rapidly from this week’s low of $1,505, and market sentiment has reversed over the past 24 hours as investors return to high-risk assets. Although U.S. spot Ethereum ETFs recorded net outflows of around $52 million, overseas demand and local crypto buying still outweigh the weak inflows into the U.S. market. CFTC leadership has called on the U.S. Senate to move forward with the Digital Asset Market Clarity Act, further improving market sentiment. Meanwhile, Ethereum is the dominant force in the global RWA market, with nearly half of the world’s RWA value secured on its network.