Ethereum Price Rebounds Above $1,600 as Analysts Eye Potential Move Toward $2,000

Ethereum (ETH) regained momentum on Monday, climbing above the $1,600 level as analysts pointed to renewed market resilience and easing selling pressure. The Ethereum price increased by 1.3% over the past 24 hours to trade around $1,661, outperforming Bitcoin, which posted only modest gains during the same period.