Ethereum Bulls Challenge Resistance Ahead of $3,000 Milestone

Ethereum is currently trading around $2,729, posting a 1% gain with an intraday peak at $2,746.

The asset has rallied from approximately $1,500 in June, establishing consistent higher lows and eyeing the $3,000 milestone as the subsequent target.

Market participants are challenging the $2,750-$2,800 resistance band, with a decisive daily settlement above $2,800 validating the breakout and reintroducing the psychological $3,000 threshold.