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$3K in Sight: Will Ethereum Bulls Keep the Fire Alive After 8% Jump?

  • Ethereum surged by 8% and is trading around $2.6K level.
  • The overall crypto market cap spiked by 2.80% to reach $3.38 trillion.
  • Ethereum bulls need to maintain momentum for a breakout above $3K for a significant upward move.
  • Technical indicators suggest a bullish outlook for Ethereum, but potential pullbacks may occur as the asset approaches overbought territory.

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