Ethereum Stabilizes Above $2,000 – Is $3K the Next Target and Will $BMIC Follow?

Ethereum ($ETH) successfully defended the psychological $1,700 support level, reclaiming the $2,000 range.

This move reignited bullish sentiment across the derivatives market. After weeks of capitulation fears following the post-ETF stagnation, the second-largest cryptocurrency is finally showing structural signs of a reversal. And with macroeconomic headwinds softening due to global rate cut expectations, the path of least resistance appears to be shifting upward.

This recovery isn’t just about price…