"Ethereum has managed to maintain its position above the significant threshold of $3,000, demonstrating resilience in a fluctuating market. This stability is noteworthy, and various indicators suggest that investor sentiment is gradually shifting towards a more bullish outlook. As market participants analyze the underlying factors contributing to Ethereum's strength, including growing adoption, advancements in technology, and positive developments within the decentralized finance (DeFi) ecosystem, they are beginning to feel more optimistic about the cryptocurrency's potential for future growth."
source: https://blocknews.com/ethereum-holds-its-ground-above-3k-here-is-why-the-mood-is-quietly-turning-bullish/