Ethereum Bulls Eagerly Await Breakthrough of Key Psychological Barrier

Ethereum's price has rebounded by 18.5% in July, exceeding expectations.

Many market observers predict stronger upside ahead, potentially spilling over into the broader altcoin sector.

The cryptocurrency is making several attempts to reach the $2,000 psychological level but currently trades at around $1,850.

User Ted believes that holding this zone could lead to a pump to $2K, while analyst Michael van de Poppe assumes that breaking the $2,000 barrier would result in a 'fast run to $2,300 and higher.'