$ETH is in a bullish trend, showing potential for further upside as it has broken through previous resistance levels. However, the high sell percentage in the order book suggests some profit-taking could occur near the 24-hour high. If ETH can hold above the $2,765 support level, it may continue its upward movement towards $3,000. A break below this support might signal a short-term retracement.

Support and Resistance Levels:

Immediate Resistance: $2,954.94 (24-hour high)

Support Level: $2,765.78 (recent low)