Ethereum Price Prediction: Can ETH Break Above $2,500?

• Ethereum consolidates between $2,000 and $2,500 as traders await breakout signal.
• Resistance at $2,300-$2,500 may determine whether ETH extends recovery momentum.
• Open interest resets and exchange flows suggest leverage cooling in ETH market.

Ethereum trades near $2,260 after several weeks of recovery from its recent low near $1,745. The rebound brought cautious optimism across the market. However, technical indicators still point to a fragile structure. 

Sellers continue to influence the broader trend despite the recent upward movement. Consequently, traders now watch several resistance zones that could determine Ethereum’s next major direction.

The digital asset previously peaked near $4,955 during the last cycle. Since that peak, Ethereum has formed a pattern of lower highs and lower lows. This pattern usually signals persistent selling pressure. However, t…

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