<ul data-eligibleForWebStory="true"><li>Ethereum price surged above $2,800 with a 4% gain in the past 24 hours amid altcoin season buzz and improving regulatory clarity.</li><li>Market sentiment is positive, suggesting a potential move towards $3,000 as Ethereum bulls anticipate a breakout.</li><li>ETH hit an intraday high of $2,832 across major exchanges with a 28% increase in the last 24 hours.</li><li>SEC Chair Paul Atkins' comments on crypto and DeFi added to the positive sentiment in the market.</li><li>Ethereum's price surge is attributed to macroeconomic factors and regulatory developments like the SEC's focus on crypto.</li><li>QCP analysis forecasts a bullish trend for Ethereum driven by positive market sentiment and inflows into exchange-traded funds.</li><li>ETH's price range is currently around $2,700 to $2,760, with a potential move towards $3,400 if it holds above this range.</li><li>If Ethereum breaks below $2,700, a retest of $2,400 is likely, and further decline to $1,800 could occur with negative sentiment.</li></ul>

Ethereum price prediction as ETH reclaims $2,800 level

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