$ETH just crossed $2,700 for the first time since early February.
Not a huge move in isolation, but context matters. We've been grinding in a range for weeks, and this breakout suggests buyers are stepping in with conviction. Volume's picking up, which usually means something.
Watch how it holds here. If it consolidates above $2,700, next resistance is probably around $2,850-$2,900. If it fades quickly, we're back to range-bound chop.
Crypto's been tracking risk assets lately, so keep an eye on tech stocks and macro sentiment. Rate expectations, dollar strength, and equity flows all feed into this.
Not a huge move in isolation, but context matters. We've been grinding in a range for weeks, and this breakout suggests buyers are stepping in with conviction. Volume's picking up, which usually means something.
Watch how it holds here. If it consolidates above $2,700, next resistance is probably around $2,850-$2,900. If it fades quickly, we're back to range-bound chop.
Crypto's been tracking risk assets lately, so keep an eye on tech stocks and macro sentiment. Rate expectations, dollar strength, and equity flows all feed into this.
