ETH is showing clearer signs of bullish momentum across the market.

• ETH surged past $2,800 amid rising institutional interest, low resistance, and strong liquidity, suggesting potential upside toward $3,000, despite caution over increasing exchange reserves.

Ethereum [ETH] recently broke past the $2,800 mark for the first time in weeks, gaining over 7% in the last 24 hours.

Reclaiming this level suggests that more investors are becoming active in the market, increasing the likelihood of further price movement to the upside.

At the time of writing, ETH recorded a major surge in market liquidity. With no significant resistance levels immediately ahead, the asset could climb to a new high of $3,000.