Ethereum projections gain bullish weight as 3.45 million ETH accumulated near $2,500. Does this strengthen the case for ETH’s $3k breakout in Q3?

Ethereum [ETH] came out swinging in Q3, reclaiming not one but two major resistance levels in under a week. 

Unsurprisingly, this kind of parabolic run has traders piling into shorts, with 60% of exchange positions leaning bearish.

Either the bears are front-running a rejection, or they’re underestimating the strength behind ETH’s impulse move. According to AMBCrypto, how this standoff plays out could shape Ethereum projections for the week ahead.