🟱 Ethereum could be setting up for a supply-driven move toward $3,000 $ETH is trading near $2,500 after recently hitting an eight-month high around $2,660. Price has cooled, but the more interesting story is happening off exchanges: available ETH supply keeps shrinking while staking continues to lock up a huge part of the market. So what could support the next ETH breakout? â—Ÿ Exchange supply is drying up. Roughly 14.7M ETH remains on exchanges, down from previous levels above 20M, while nearly 43M ETH - around 35% of total supply - is now locked in staking contracts. â—Ÿ ETH is still holding a bullish structure. Buyers continue defending the $2,400-$2,430 area, while sellers are capping price near $2,626. A clean breakout above that resistance could open the path toward $2,800 and then $3,000. â—Ÿ The setup resembles a previous triangle that ended with a 30.9% rally. But macro still matters. Rate expectations and inflation remain major wildcards, and even strong $BTC momentum may not be enough if risk sentiment turns sharply lower. Technically, $2,626 is the level ETH needs to clear. A confirmed breakout with shrinking exchange supply could make $3,000 a realistic next target. If price stays trapped, the base case remains more sideways action between roughly $2,400 and $2,600. $2,400 is the level to watch. Hold it, and the supply squeeze story stays intact. Lose it - and ETH could quickly revisit the mid-$2,300s before bulls get another chance. #ETH #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#