<ul><li>Ethereum's price surges by over 6%, reaching $3,525 after breaking out of an eight-month descending channel.</li><li>Analysts target $4,800 for ETH amid technical breakouts and strong bullish indicators.</li><li>Ether's dominance solidifies with over 50% TVL share and potential legislative support.</li><li>Market sentiment may receive a boost from the possibility of pro-crypto legislation under the incoming Trump administration.</li></ul>

Ethereum Hits $3500, Gains Momentum Toward All-Time High

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