Ethereum is set for potential gains, possibly exceeding the $3,000 mark, as it proves resilient above the $2,380–$2,460 zone. This indicates strong accumulation levels and minimal resistance up to that price.

A bullish crossover on the daily MACD hints at a reversal of the recent downtrend. With 85.8% of positions being profitable, the holders are likely to resist selling, promoting stability.

Institutional investment, such as Donald Trump’s 5.9 million ETH staking, shows growing confidence in Ethereum. Alongside NYSE’s ETF filing, these factors could usher in a favorable environment for Ethereum.