Ethereum Tests Resistance: Could $3,000 Be Achievable?

Ethereum prices recently surpassed $2,800 before facing resistance, suggesting renewed bullish momentum in the crypto market. However, sellers quickly stepped in to pull back price levels below that mark. This move signifies a potential turning point for Ethereum. Analysts attribute this surge to expanding DeFi applications and increasing institutional interest. The upcoming key level is near $3,000, which could be a major catalyst for further price movement.