Ethereum Clears $2,700, Sets Sights on Next Target at $3,000
Ethereum has cleared its first major hurdle at $2,700 and is now trading at approximately $2,769.38, up 1.21% in the past 24 hours.
This marks a significant shift in market structure, as the reclaimed level of $2,700 now functions as support rather than resistance.
According to analyst Ali Martinez (@alicharts), the next structural target is $3,000, which represents approximately an 8.3% move from current levels.
The reclaim of $2,700 reduces overhead supply and shifts momentum directionally intact, but a successful retest of $2,700 as support on any near-term pullback would be crucial for confirmation.