<ul><li>Ethereum's price has surpassed the $2,800 mark for the first time since August, with expectations of further upward movement.</li><li>On-chain metrics have reached new peaks, indicating positive sentiment and accumulation of ETH.</li><li>The Ethereum Foundation has launched the Mekong Testnet to test new features for the upcoming Pectra upgrade.</li><li>Concerns arise as some ETH holders sell large amounts, creating price rejection and uncertainties.</li></ul>

Ethereum Eyes $3,000 Amid Weakening Selling Pressure: Can Bullish On-Chain Metrics Hold ETH Price?

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