<ul data-eligibleForWebStory="false"><li>Analysts are eyeing a breakout for Ethereum to reach $3,000 in the near future after bouncing back from $2,400 and currently trading around $2,500.</li><li>Renowned analyst Michaël van de Poppe believes Ethereum is well-positioned to retest $3,000 after a recent bullish bounce and resistance tests between $2,700 and $2,900.</li><li>Technical indicators point to an ascending triangle pattern on the daily ETH/USD chart, suggesting a potential breakout towards a strong uptrend.</li><li>Ethereum's momentum is supported by increased ETF accumulation, potential short squeeze scenarios, strength in the altcoin market, and fundamental factors like staking rewards and stable gas fees.</li></ul>

Ethereum (ETH) Price Prediction: Analysts Eye $3,000 Breakout as Ethereum Rebounds to $2,500 on Altcoin Surge

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