Ethereum is showing potential for a price breakout, targeting $3,100, amidst a relatively stagnant broader crypto market. This positive sentiment is largely due to Bitcoin's remarkable climb, reaching over $70,000.
Ethereum has maintained this smaller range for 85 days, but now investors see potential for a bullish move. The optimism in Ethereum's performance is linked to Bitcoin's momentum, fostering hope for Ethereum's upward trajectory alongside it.
