Is Now the Time to Buy Ethereum, Following Its 10% Rise?

2026-03-04 15:15:50 ET

A 10% move higher in Ethereum (CRYPTO: ETH) over the past 24 hours (as of 2:45 p.m. ET) has some investors rethinking their recent portfolio allocation moves.

Indeed, we've seen a flurry of capital into the cryptocurrency sector begin to abate in recent weeks, as geopolitical tensions have risen to levels not seen since 9/11 (according to some analysts) and uncertainty has taken over nearly all headlines in financial markets. In the cryptocurrency sector, one which is much more sensitive to near-term sentiment and uncertainty-related risks, that's a big deal.

That said, with investors looking through ongoing conflicts in Iran and now Ecuador (as of this morning), it does appear that risk-on momentum is picking up. Here's what to make of Ethereum's impressive 10% daily move, which has propelled the world's second-largest token back above the key $2,000 level today.

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