Ethereum projections shift bullish: Is $3K in Q3 possible?
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 analysts, how this standoff plays out could shape Ethereum projections for the week ahead.
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