Ethereum Price Analysis: Will $3000 Breakout Stall as Foundation Dumps 35k ETH?

Ethereum price analysis shows a 24-hour gain of 4.5% to hit the $2800 resistance amid market recovery. The renewed buying pressure can be attributed to Fed Chair Jerome Powell’s confidence towards colling inflation and potential interest cuts in the coming months. As Bitcoin price surged to $65000 on Friday, the ETH price challenged a key resistance to bolster further growth. Will this recovery be prolonged?