$ETH Transformation of Resistance into Support: The level of $2,700 (and now, $2,800) becomes the new psychological and technical support. In any future retracement, it is expected that the price will find active buyers at these levels.

* Validation of the Uptrend: This breakout reinforces the idea that Ethereum is in a strong uptrend. Recent corrections (if any) have been bought, and the momentum is in favor of the buyers.

* Price Targets: With the breakout of $2,700/$2,800, the next levels of resistance (and therefore potential price targets) would be:

* Psychological Levels: $3,000 is the next big round number.