#ETHCrossed2500 Ethereum's current price is $2,478.45, with a 0.21% increase in the last 24 hours. According to analyst Peter Brandt, Ethereum's price could surge to $6,000 if it breaks above the $2,850-$2,900 resistance zone, driven by a bullish symmetrical triangle pattern on the monthly chart.

*Key Levels to Watch:*

- *Immediate Support*: $2,407 (23.6% Fibonacci level)

- *Next Support*: $2,289 (38.2% Fibonacci level, near 50-SMA)

- *Immediate Resistance*: $2,598 (recent high)

- *Next Resistance*: $2,736 (extension target)

- *Major Resistance*: $2,850-$2,900 (triangle level)

*Market Trends:*

- Recent price action shows increased buying pressure from investors on the spot market, with Ethereum's exchange reserve plunging by nearly 180,000 ETH in the past 24 hours.

- Institutional interest is growing, with BlackRock's ETH ETF filing and Brazil's plans for ETH futures contributing to the long-term bullish case ¹ ².

- Technical indicators suggest a potential breakout, with the Relative Strength Index (RSI) crossing above its moving average line and testing its neutral level ¹.