Ethereum is just one step away! Break through 2800, and the surge channel opens, aiming straight for 4500!

Ethereum's price has been a bit volatile recently, dropping below $2440 but then climbing back above $2500. Experts believe this decline was expected, and now they are optimistic about Ethereum beginning to rise.

They feel that the area around $2440 is a key zone, with many buyers 'bottom fishing' at this position, indicating that people think this is relatively cheap. From the price chart, the price looks like an upward 'pipeline', with higher lows, although it has been consistently pressed by a 'ceiling', but buyer strength is gradually increasing.

Now the price is back around $2660, and the trend structure looks good. The key is whether it can break through the 'ceiling' of $2800. If it can truly surge past this level, it would confirm a significant increase.

If it can break through $2800, the expert's target is:

First look at $3300: This is a resistance level from the end of January this year, where it previously dropped. If it can break through, it indicates strong buying power.

Next look at $3800: This is the peak from early January this year, where it did not break through. If it can surpass this level, it indicates a strong upward momentum.

Ultimate target $4500: If the upward trend can continue, they believe it can reach around $4500. This is very close to Ethereum's historical highest price, almost fully recapturing the previous highs. If you want to delve deeper into the crypto world but don't know where to start, and want to quickly learn to understand information gaps, click on my profile and follow me for first-hand news and in-depth analysis!