$ETH Ethereum (ETH) has recently exhibited bullish momentum, surpassing the $2,000 mark and trading at $2,067.46. Analysts suggest that to confirm a sustained bullish trend, ETH needs to break through the $2,400 resistance level. Additionally, a notable decrease in ETH held on exchanges, now at its lowest in nearly a decade, indicates increased holding sentiment among investors. These factors collectively point towards a positive outlook for Ethereum's price trajectory.