$ETH

The price of Ethereum remains above the $3,000 level, having bounced back strongly after a slight decline. The price is currently trading around $3,066, showing signs of continued strength. Bullish traders still dominate the market, as Ethereum forms higher lows and continues to push towards its recent highs.

The upward trend continues, and as long as Ethereum remains above the support area at $2,999, the bullish momentum is likely to persist.

If buyers can break through the $3,083 level again, the next move could push Ethereum towards $3,100 and above.

Traders should monitor volume confirmation and be cautious around resistance areas.

The structure still favors bullish traders with larger targets on the horizon.