Ethereum Consolidates at $2.6K, Next Resistance Zone a Key Level to Watch
Ethereum (ETH) has been consolidating after a sharp recovery from the $1.5K area, breaking above the $2.1K region and reaching an all-time high of around $2.8K.
The broader structure remains constructive, but short-term momentum has weakened following the rejection near $2.8K.
A sustained daily close above the current resistance zone at $2.6K-$2.7K would strengthen the breakout structure and leave the $3K region as the next immediate resistance.