What should traders verify before buying ETH?

Traders should verify the move is backed by layer-2 activity, staking flows, ETH/BTC rotation, risk sentiment and that the rally holds after the first impulse.

Why Is Ethereum Up Today?

Direct answer

Layer-2 activity and staking flows could drive a short-term rebound.

Most likely bullish catalysts

Layer-2 adoption gains traction

Improving layer-2 adoption gains traction can support a stronger bid in Ethereum.

Staking flows increase

Improving staking flows increase can support a stronger bid in Ethereum.

ETH/BTC rotation favors ETH

Improving eth/btc rotation favors eth can support a stronger bid in Ethereum.

What confirms the rally

Confirm the move is supported by layer-2 activity rather than a thin short squeeze.
Check whether leadership across related crypto markets is also improving.
Only trust continuation if the chart holds gains after the first impulsive push.