Ethereum Reaches $3,000 Milestone After Fusaka Upgrade, Sets Stage for Further Gains

Ethereum has surpassed the $3,000 mark following the launch of its much-anticipated Fusaka upgrade. The update, which significantly boosts throughput and introduces new blob parameters, is fueling bullish sentiment in the crypto market. However, analysts caution that further price action may require a breakout above key resistance levels defined by the 20/50/200-day EMA cluster and a still-bearish Supertrend indicator.