Ethereum Breakout Potential Looms as Price Reaches $2,787

Ethereum is poised for a potential breakout above $2,787, driven by technical strength and bullish signals. Recent price action echoes historical cycle lows, with RSI mirroring past bottoms and suggesting renewed upward pressure. This push could open the door to further gains, targeting $3,500-$4,500. Technical indicators like MACD and EMAs support this bullish outlook, while rising dominance versus Bitcoin adds fuel to the breakout narrative.