Ethereum on the Brink: Will Bulls Fuel a Breakout Above $2,000?

Ethereum trades near the $1,700 mark. 41.59 million ETH has been liquidated recently as market volatility continues. Despite slight market gains, Ethereum’s performance remains lackluster with only a marginal 1.04% increase. While Bitcoin and other large-cap cryptocurrencies are seeing upward momentum, Ethereum remains stuck in a bearish zone. The market will be looking for a definitive breakout above $2,000 to signal renewed bullish sentiment.