Former President Trump confirmed ETH's inclusion in the U.S. Crypto Strategic Reserve, causing a 15% price surge from $2,200 to $2,550 within one hour on March 2, 2025.
Derivatives market shows strong bullish sentiment with long positions greatly exceeding shorts, indicating reduced resistance towards $3,000.
Ethereum Foundation appointed new co-Executive Directors, boosting investor confidence.
Technical analysis suggests a falling wedge breakout pattern, potentially leading to movement toward $4,000. Other major cryptocurrencies also saw double-digit gains.