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$ETH is currently trading around $2,670, showing a solid 7.26% gain in the last 24 hours. On the 1-month chart, we can see ETH bouncing back after a strong dip toward the $2,139 level. It’s now trading above the 7-day MA (2,526) and 25-day MA (2,599), indicating a potential trend reversal. The MACD is still negative, but the histogram shows signs of recovery, with green bars increasing gradually. If bulls hold this level, the next resistance is around $2,850–2,900. The volume also looks decent with 184K ETH traded in the last 24h. Overall, ETH is gaining strength, and a monthly close above $2,700 could confirm bullish continuation.

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