The main factors affecting the price of Ethereum:*
- *Bullish Sentiment:* Analysts believe that surpassing the $2500 level may indicate a significant upward trend, potentially driving the price to $4000 in the near future, as observed in historical patterns.
- *Resistance Levels:* Key resistance levels to watch include $2550 and $2700, which could be targets if the upward momentum continues.
- *Market Sentiment:* The cryptocurrency market shows mixed signals, with Bitcoin (BTC) trading around $60800, reflecting cautious optimism.