**Can $ETH Hit $3K? Analyzing the Possibilities**

The recent price action of ETH/USDT has traders buzzing with anticipation. After a strong rally over the past 30 days (+58.81%), Ethereum is now consolidating around the $2,500 level. But the big question remains: **Can ETH break through and reach $3K?**

### Key Factors to Watch:

1. **Technical Indicators**:

- The STOCHRSI is currently overbought at **99.41**, suggesting a potential pullback before another upward move.

- The 24-hour high of **$2,588.63** shows strong resistance near $2.6K. A breakout above this level could pave the way for $3K.

2. **Market Sentiment**:

- With Layer 1/Layer 2 volume remaining active and 24-hour trading volume at **1.73B USDT**, institutional and retail interest is still strong.

- The 30-day performance (+58.81%) indicates bullish momentum, though short-term volatility (7-day: -5.97%) suggests caution.

3. **Historical Levels**:

- The next major resistance sits at **$3,045.93**, a level last tested during previous rallies. A sustained push above $2.6K could reignite FOMO (Fear of Missing Out) and drive ETH toward $3K.

### Final Thoughts:

While ETH faces stiff resistance near $2.6K, the bullish trend and strong fundamentals (especially with Ethereum’s upcoming upgrades) keep the $3K target within reach. Traders should watch for a confirmed breakout above $2.6K with increasing volume.

What’s your take? **Will ETH hit $3K soon, or is a deeper correction coming?** Drop your predictions below!

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