⚡ Ethereum Breaks $3,000 — Is a New Bull Run Starting?
$ETH/USDT
Current Price: $3,003.46
4H Change: +1.18%
High: $3,040
🔍 Chart Analysis:
Ethereum has confidently reclaimed the $3,000 level — a price zone not visited since early Q1.
✅ Clean breakout from a multi-week consolidation above $2,700.
✅ Strong surge in volume with price pushing past the 20 & 200 MAs — classic trend reversal signal.
📈 Key Moving Averages:
MA 20: $2,738
MA 200: $2,532
🧠 Why It Matters:
$3K is a major psychological milestone — boosting market sentiment.
The ETH/BTC ratio is climbing, hinting at rising altcoin momentum.
Bullish fundamentals: ETH ETF narrative, Ethereum 2.0 developments, and L2 ecosystem expansion.
🎯 Next Bullish Targets:
$3,200 – minor resistance.
$3,500–$3,700 – December highs and major Fib zone.
$4,000+ – breakout territory if momentum continues.
🛡️ Key Support Zones:
$2,700–$2,800 – recent consolidation base.
$2,500 – strong long-term support near major moving averages.
📌 Verdict:
Ethereum’s reclaim of $3K is more than just technical — it's a sentiment shift.
If bulls hold the line, this could spark a broader L1 rally heading into late 2025.
Stay sharp — we might be witnessing the early ignition of the next crypto surge.