$ETH closed the week at $2,550, up 1.66%. The $2,300–$2,800 range has historically been a compression zone — three previous weekly breakouts from this level led to significant moves.
If $ETH breaks cleanly above $2,800, the next major resistance zone sits between $3,600 and $4,500. Support levels to watch: $2,550 and $2,350.
This week's key macro event is the ISM report on Thursday. Historically, when ISM crosses above 56, risk assets like $ETH and alts tend to rally. Worth watching how liquidity and sentiment align with that data point.
If $ETH breaks cleanly above $2,800, the next major resistance zone sits between $3,600 and $4,500. Support levels to watch: $2,550 and $2,350.
This week's key macro event is the ISM report on Thursday. Historically, when ISM crosses above 56, risk assets like $ETH and alts tend to rally. Worth watching how liquidity and sentiment align with that data point.
