**Ethereum at a Crossroads: Up or Down?**

Ethereum is feeling a bit uneasy, guys! The price is testing the resistance zone of $2.6K-$2.7K. If it breaks through, ETH could fly to $2.8K and higher. 🚀

**Technical Analysis:**

- **Daily Chart:**

- ETH is up because many people bought at the $2.3K level.

- Now it has found strong resistance at $2.6K, there is a Head and Shoulders (H&S) pattern and a 100-day MA.

- If it breaks through, it could be a bullish signal and the price could rise to $2.8K.

- **4-Hour Chart:**

- There is a double-bottom pattern at $2.3K, a bullish sign.

- The resistance at $2.6K-$2.7K is difficult to break through, but if it does, ETH could rally again.

**Onchain Analysis:**

- **Taker Buy-Sell Ratio:**

- After rebounding at $2.3K, many people bought in the futures market.

- This ratio is high, meaning traders are optimistic that ETH will rise.

What do you think? Will ETH break through $2.7K or will it go back down? Come on, share your opinions in the comments column!