Recent market analysis suggests Ethereum might be poised for a bullish breakout. Several indicators point to this possibility, including its sustained trading above the 200-week moving average and potential resistance at $2,800 and $3,000. Technical Analyst, CryptoCharts Inc., predicts a price target of $3,340 if certain conditions are met. Ethereum’s current performance indicates a potential accumulation phase following its breakout from a bullish flag pattern and sideways trends. 75% of analysts expect Ethereum to hit $3,340 by August 2025. If sustained support above the $2,460-$2,500 range holds, the price could break through resistance levels at $2,800 and $3,000, potentially influencing broader crypto trends.