Ethereum Bulls Reignite, Aiming for $3K – Breakout Zone at the Forefront

Ethereum’s recent rally has reignited bullish sentiment as the cryptocurrency navigates a tight resistance zone. After hitting highs above $2,790 and exceeding the crucial $2,800 mark, traders are looking closely at the critical $2,850 level for a potential breakout. This area marks a significant historical resistance point, but if broken convincingly, it could pave the way for Ethereum to surge towards its all-time highs above $3,000. 2025 has seen renewed excitement in the market and momentum is building. Experts attribute this rise to expanding DeFi applications and growing institutional interest. Support levels at around $2,750 and $2,650 remain key to maintaining a positive trend. The outlook remains cautiously optimistic as traders watch closely for signals of further price movement.