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Ethereum Price Bounces Amid SEC’s DeFi Regulatory Clarity As Bulls Eye $3000

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Ethereum ($ETH) price is one of the top gainers in the crypto market today, April 14, after a 9.27% gain in 24 hours. The gains come as the market defies tensions in the US-Iran conflict. Moreover, the US Securities and Exchange Commission (SEC) has issued a new guidance on decentralized finance (DeFi), and this is also fuelling the $ETH rally. As a rounding bottom forms and technical indicators turn bullish, can Ethereum price break $3,000? Let’s explore.