$ETH ETH is currently showing a bullish trend, successfully breaking through the $2,700 resistance zone, and short-term fluctuations are between $2,750 and $2,850. On the technical side, the short-term moving averages are in a bullish arrangement, with momentum strong on the 15-minute and 4-hour charts, but the RSI is nearing the overbought zone, so short-term pullback risks should be noted.

The key mid-term resistance is at $2,845 (0.5 Fib retracement), and if it stabilizes above this level, it may challenge the psychological barrier of $3,000 and look towards the $3,100 to $3,600 range. Support levels are at $2,700 and $2,462; if broken, it could weaken further.

The fundamentals are positively influenced by continuous inflows from ETFs and an increase in open interest in futures. Overall, it leans towards a bullish development, but short-term consolidation cannot be ruled out. It is recommended that cautious investors wait for a pullback to support levels to position themselves, while more aggressive investors can enter on a breakout above $2,800 with a stop loss below $2,700.