$ETH Price around $2,700–$2,725 today. ETH has pushed above the $2,672 resistance area intraday.
Momentum: Short-term structure is improving, with daily indicators still supportive, but ETH is approaching an important resistance zone.
Resistance: $2,760 → $2,800, then $2,950–$3,000.
Support: roughly $2,600–$2,670; losing $2,600 could expose the $2,400 area.
Catalyst: Ethereum's upcoming Glamsterdam testnet activity is one event traders are watching.
Risk: Recent ETF flows have been mixed, so the breakout still needs confirmation rather than assuming continuation. #NEARRisesNearly80%InAWeek #MultiversXPlansHardForkRecovery #CircleLaunchesInstitutionalBTCBackedBorrowing #ZetaChainVotesToMigrateZETAToSolana #SouthAfricaProposesCryptoExchangeControls
Bottom line: ETH is currently testing a key breakout zone. A sustained move above $2,760–$2,800 would put $3,000 in focus; rejection could bring a retest of $2,600–$2,670.
Momentum: Short-term structure is improving, with daily indicators still supportive, but ETH is approaching an important resistance zone.
Resistance: $2,760 → $2,800, then $2,950–$3,000.
Support: roughly $2,600–$2,670; losing $2,600 could expose the $2,400 area.
Catalyst: Ethereum's upcoming Glamsterdam testnet activity is one event traders are watching.
Risk: Recent ETF flows have been mixed, so the breakout still needs confirmation rather than assuming continuation. #NEARRisesNearly80%InAWeek #MultiversXPlansHardForkRecovery #CircleLaunchesInstitutionalBTCBackedBorrowing #ZetaChainVotesToMigrateZETAToSolana #SouthAfricaProposesCryptoExchangeControls
Bottom line: ETH is currently testing a key breakout zone. A sustained move above $2,760–$2,800 would put $3,000 in focus; rejection could bring a retest of $2,600–$2,670.
