Ethereum's technical setup indicates a potential bullish rally targeting $3,000 and beyond.Open interest in Ethereum hits $33.12 billion, boosting trader confidence and momentum for a bullish trend.Closing the CME gap near $2,530-2,630 could provide strong support for Ethereum's price gains.Price predictions suggest Ethereum could reach new records, with a target of $4,201, reflecting growing confidence in its future growth.