Recent analyses indicate that ETH faces significant resistance in the $2,900–$3,000 range. To initiate a rally, ETH would need to break through and sustain above this resistance level. Conversely, key support levels are identified at $2,750 and $2,500.

Additionally, a notable resistance zone exists between $3,264 and $3,342, containing approximately 6.26 million ETH. Overcoming this zone could propel the price toward the next resistance levels of $3,509 and $4,079.

Given the current price near the $2,750 support, ETH's movement in the next two hours will likely depend on its ability to maintain this level. Holding above $2,750 could lead to a retest of the $2,900–$3,000 resistance range, while a decline below this support might result in further downward movement toward $2,500.