$ETH
Ethereum (ETH) is currently trading at approximately $2,740 against Tether (USDT), reflecting a notable 8% gain over the past 24 hours. This surge follows a period of consolidation between $2,400 and $2,750, setting the stage for a potential breakout that could push ETH towards the $3,000 mark . 
Technical indicators are showing bullish momentum: 
• Relative Strength Index (RSI): Breaking out of a multi-week resistance . 
• MACD: Exhibiting a bullish crossover. 
• Stochastic RSI: Indicating upward momentum.
Additionally, Ethereum’s staking activity has reached an all-time high, with over 34.65 million ETH staked, signaling strong institutional confidence . 
However, some analysts caution that ETH is approaching significant resistance levels around $2,850. A breakout above this could lead to a surge towards $3,500, while failure to do so might result in a pullback to support levels near $2,300 .  
Traders should monitor key resistance at $2,850 and support at $2,300 for potential breakout or breakdown scenarios.
