Ethereum Set to Surge Past $3K Amid Bullish Momentum
TL;DR Summary
Ethereum has broken above the $3.1k resistance level, now turned support, but faces a bearish market structure and low trading volume. Despite positive sentiment and a recovering spot CVD, the daily RSI and CMF indicate bearish momentum. For ETH to target the $3.5k-$3.7k resistance zone, increased volume and sustained bullish trends are necessary.
Topics:business#cryptocurrency#ethereum#market-analysis#price-target#resistance-levels#trading-volume
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