Ethereum is poised to bounce above $2,400 as the cryptocurrency market shows signs of renewed momentum this week, with ETH attempting to reclaim key technical levels amid a broader shift in sentiment.

This comes amid a flurry of institutional activity, geopolitical developments, and potential regulatory clarity.

If the leading altcoin finds support above the $2,400 mark, it could extend gains alongside improving market conditions.

Ethereum climbs as Bitcoin tests $80,000

Ethereum’s price rallied toward $2,400 on Monday, mirroring a broader market surge led by Bitcoin.

Bitcoin breached the $80,000 threshold, buoyed by the market’s response to President Donald Trump’s “Project Freedom.”

The initiative, which authorizes the escorting of…