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#ETH Breaks $3,000
#ETH Breaks $3,000! | Has a New Era Begun for Ethereum?
Ethereum (ETH) has finally broken through the psychological barrier of $3,000, a level it has been battling for a long time! This breakout carries the potential to reshape not only the price but also the overall market momentum.
Why Is This Breakout Important?
$3,000 is seen as both a strong resistance level from a technical analysis perspective and a "bullish start" threshold in investor psychology.
Increasing institutional interest, rising staking rates, and strong demand for L2 solutions are the key factors behind the rise.
Current Chain Data (July 13, 2025):
🔹 12% increase in the number of active wallets
🔹 Ethereum's staking ratio reaches a new ATH with 26.4%
🔹 Daily transaction volume on Layer-2 networks exceeds $4 billion
🔹 ETH open futures positions increase by 18% in the last 24 hours
Analyst Opinion:
Ethereum's close above $3,000 is considered confirmation of its medium-term bullish structure. However, strong buyer support in the $3,100-$3,200 range is required for this level to become permanent.
Market Whispers:
Expectations regarding ETH ETF approval are once again in the spotlight. Furthermore, EIP-7600 is expected to make Ethereum more efficient. These developments are boosting investor confidence.
Short-Term Targets:
🔹 Resistance: $3,280 – $3,500
🔹 Support: $2,850 – $2,970
🔹 Indicators to Watch: RSI > 70 → overbought signal, but risk can be offset as long as volume supports it.
Conclusion:
Ethereum's sustained presence above $3,000 could be a new catalyst for both DeFi projects and institutional initiatives. A cautious yet hopeful period begins for investors.
Start trading $ETH now: Gate.io ETH Spot. Explore ETH futures opportunities: Gate.io ETH Futures
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