$ETH

Ethereum just broke out of a key resistance zone, and analysts are eyeing the $2,800 level as the next potential target. With Bitcoin holding steady and broader market sentiment shifting slightly bullish, ETH might be gearing up for its next leg.

But here’s the real question:

👉 Is this a true trend reversal — or just another bull trap?

Supporting the move:

📈 Technicals show increasing momentum

📊 Open interest is rising, suggesting trader confidence

🔍 On-chain activity is ticking up again

However, macro uncertainties (inflation, rate cuts, etc.) and ETH’s correlation with BTC still play a huge role.

If ETH hits $2,800, that’s roughly a 15% move from current levels — not life-changing, but significant for swing traders and confidence across alt markets.

💬 What do you think:

Is ETH ready to run, or should we expect one more shakeout first?