ETH Bulls Press Toward $3K as Price Action Tests Crucial Resistance

Ethereum has continued to hold above $2.4K after weeks of consolidation, and technical charts show a clear bullish structure.

The daily chart reveals a sequence of higher lows along an ascending trendline, with both the 100-day and 200-day moving averages now sloping upward.

ETH has accelerated toward the $2.8K resistance zone but is currently trading inside this area, causing some consolidation rather than a decisive breakout.

A daily close above this region would bring the bearish order block around $3K into focus, while a rejection could send ETH back toward the $2.4K support zone.