Ethereum Consolidation at $2.4K: Will it Break Through $2.5K Resistance?

Ethereum (ETH) continues to consolidate beneath the $2.5K resistance region after repeatedly failing to break through.

The price has been stuck in a horizontal range between approximately $2.35K and $2.6K, with the $2.5K zone acting as the central resistance area.

A decisive daily close above $2.5K could potentially open the way toward the next major psychological resistance around $3K.

However, a breakdown below $2.35K would weaken the range structure and expose lower support levels.