Ethereum is currently hovering around the $2.6K mark after experiencing a noteworthy 8% increase. This rise has created speculation about the possibility of reaching the $3K milestone soon. The competition among investors is heating up, especially with approximately $158.04 million in Ethereum liquidations observed in the market. With this momentum, traders are keeping a close watch on Ethereum’s movements. They will be keen to see if bulls can maintain this upward trajectory toward $3K. Overall, the market sentiment surrounding Ethereum remains positive as participants anticipate significant developments in the near future.