Ethereum at a crossroads! The current price is testing the resistance zone of $2.6K-$2.7K. A break above may indicate a medium-term bullish trend and push the price to $2.8K and above 🚀. But if the resistance holds, a bearish consolidation is possible.

On the daily chart, Ethereum has broken the middle line of the descending channel, but faced strong resistance at $2.6K. A break of this level will confirm a bullish reversal.

On the 4-hour chart, the support at $2.3K formed a double bottom, which led to a sharp increase in price. A break above $2.7K will open the way for further growth.

The futures market shows optimism: the buy-sell ratio has reached its highest in recent weeks, indicating aggressive buying and possible further growth of ETH. 📈