Ethereum Price Analysis: ETH Holds Bullish Structure, but $2.8K Remains the Key Hurdle
đ Ethereum is currently consolidating around $2.7K, facing resistance in the $2.68Kâ$2.77K zone, with buyers still active despite recent rejections.
đ A decisive close above $2.77K could lead to a bullish breakout towards the $2.9Kâ$3K range, while a drop below $2.64K may trigger a deeper correction towards $2.36Kâ$2.42K support.
đ„ 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.
đ Ethereum is currently consolidating around $2.7K, facing resistance in the $2.68Kâ$2.77K zone, with buyers still active despite recent rejections.
đ A decisive close above $2.77K could lead to a bullish breakout towards the $2.9Kâ$3K range, while a drop below $2.64K may trigger a deeper correction towards $2.36Kâ$2.42K support.
đ„ 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.