$ETH 🚀$2,900 – Bulls Gaining Ground

Ethereum is making a strong push this week, currently trading around $2,785 after bouncing off the $2,600 support zone. After days of sideways action, ETH is finally showing momentum — and all eyes are on the $2,900–$3,000 resistance area.

🔍 What’s Driving the Move?

• 💸 Institutional inflows into ETH-based ETFs surged to $295M over the past week.

• 🧠 On-chain activity is heating up: Ethereum now hosts over 16M active addresses, up 70% since Q2 began.

• 🟢 Low gas fees + rising L2 usage = healthy growth beneath the surface.

📊 Key Technical Levels:

• Immediate resistance: $2,735–$2,900

• Support to watch: $2,600

• Breakout above $2,900 could flip sentiment fast and push ETH back toward $3K.

🧭 The trend looks bullish — but will ETH maintain this momentum or face rejection at the top of the range?