Ethereum Surges Past $3,000: What’s Next for ETH?

Ethereum Reclaims Investor Spotlight

Ethereum (ETH) has surged past the psychological $3,000 mark, reaching $3,000.4, capturing market attention. The rally, supported by rising trading volume, signals a gradual return of institutional and retail capital.

Key Drivers Behind the Rally

• DeFi protocols see TVL grow for two consecutive weeks
• Layer2 networks expand rapidly with record user engagement
• Renewed speculation around ETH spot ETF approvals

Technically, ETH has formed a solid base on the weekly chart, potentially eyeing $3,100. However, macroeconomic factors, especially Fed policy, remain critical for sustained momentum.

Volatility Warrants Caution

Despite the bullish move, crypto market volatility is on the rise. Investors are advised to manage exposure carefully and monitor on-chain metrics and global macro trends closely.