$ETH 🚀 Ethereum Surges to $2,780 as Bulls Eye Resistance at $3,000! 🚀

The ETH/USDT pair is trading at $2,780.01 (+0.53% in 24H), testing key resistance levels amid strong institutional interest and technical momentum. Here are the reasons why traders are paying attention:

🔥 3 Catalysts Driving the Rally:

1️⃣ ETF Speculation: Approval of the ETH Spot ETF is nearing, with analysts estimating an 85% chance in July.

2️⃣ Whale Activity: Large purchases maintain support at $2,500, signaling accumulation.

3️⃣ Technical Breakout: ETH has successfully surpassed 50DMA ($2,650), with RSI at 54 (bullish but not overbought).

📊 Key Levels to Watch:

- Support: $2,690 (24H low) – critical hold for bulls

- Resistance: $2,834 (June high) – a breakout could target $3,000.

💡 Pro Tip: Watch for spikes in volume above $2,800 – algorithmic buying could accelerate.

Did you know? ETH's performance over the past 30 days is +9.28%, outperforming BTC at +5.4%.