$ETH analysis focuses on multiple factors. Currently, ETH faces strong resistance around the $2800-$2850 range. A decisive break above this level, ideally with significant volume,

is crucial for a push towards $3000 and potentially higher.

On-chain data indicates continued institutional interest and ETH ETF inflows, providing a fundamental tailwind. However, caution is warranted as the RSI is often in overbought territory, suggesting potential short-term pullbacks. Key support levels to watch are $2700, $2600, and critically, the $2545-$2580 zone. A break below these could signal a deeper correction.

Divergences between price action and momentum indicators like MACD also require careful monitoring. Risk management is paramount, with tight stop losses on all trades.