Ethereum Price Analysis: ETH Holds Bullish Structure, but $2.8K Remains the Key Hurdle
🚀 Ethereum is currently consolidating around $2.7K, facing resistance in the $2.68K–$2.77K zone, with buyers still active despite recent rejections.
📈 A decisive close above $2.77K could lead to a bullish breakout towards the $2.9K–$3K range, while a drop below $2.64K may trigger a deeper correction towards $2.36K–$2.42K support.
💥 The liquidation heatmap indicates significant clusters above $2.78K and below $2.63K, suggesting that the next technical break will determine Ethereum's short-term direction and potential price movements.
🚀 Ethereum is currently consolidating around $2.7K, facing resistance in the $2.68K–$2.77K zone, with buyers still active despite recent rejections.
📈 A decisive close above $2.77K could lead to a bullish breakout towards the $2.9K–$3K range, while a drop below $2.64K may trigger a deeper correction towards $2.36K–$2.42K support.
💥 The liquidation heatmap indicates significant clusters above $2.78K and below $2.63K, suggesting that the next technical break will determine Ethereum's short-term direction and potential price movements.