Ethereum has once again surged to $2700, yet sellers continue to step in.
This marks the third time in a month that selling pressure has emerged near the key resistance level of $2720.
In my view, it’s unlikely that Ethereum will truly break through $2700 before the CPI data is released on Wednesday — the market impact of CPI simply can't be ignored.
However, the strength we're seeing in the market seems to be saying something else...
A breakout may be closer than we think! 🚀