Ethereum continues to be in a strong buy zone as the cryptocurrency market shows signs of recovery. Key factors contributing to this positive outlook include regulatory support, the recent Fusaka upgrade, and improved on-chain metrics. The SEC's favorable stance on tokenization and the growth of decentralized finance (DeFi) are also bolstering investor confidence. Current Ethereum prices reflect a rebound in total value locked (TVL) and a decrease in speculative leverage, suggesting potential for short squeezes and sustained bullish momentum. These developments indicate a robust market environment for Ethereum, with analysts optimistic about its future performance.