ETH Recovery In Progress

Group 1 - Ethereum has regained all losses from Monday and is attempting to lead a rally, with market sentiment improving as fears from the previous days have subsided [1] - The upcoming network upgrade, Fusaka, scheduled for December 3rd, aims to enhance Ethereum's scalability at the layer 1 level, which will significantly benefit the ecosystem by increasing capacity and reducing costs [2] - Mixed funding rates for Ethereum indicate varied market sentiment, with negative rates on some platforms and positive rates on others, suggesting traders are positioning for potential price movements as the year-end approaches [3] Group 2 - The Ethereum network upgrade is expected to improve scalability and throughput, which could positively influence price action and attract more participants to the ecosystem [5]