Ethereum has recently breached the $3,000 mark, a noteworthy psychological level for traders and investors. This surge has been bolstered by record levels of spot ETF inflows, showing significant investor confidence in Ethereum's potential.
The current discussion among traders is whether the $3,000 level will maintain itself as a new support, indicating a bullish momentum for the cryptocurrency.
Understanding the dynamics driving this rise is crucial for market participants as they evaluate future price movements and investment strategies regarding Ethereum.
