<ul data-eligibleForWebStory="true"><li>Ethereum's staking volume and accumulation wallets have reached record highs, indicating strong long-term conviction among participants.</li><li>A breakout above the 50-day EMA could fuel Ethereum's upward movement, with $2,800 serving as a notable resistance level.</li><li>Network fundamentals show growing confidence in Ethereum, with record-breaking staking activity and a significant number of accumulation wallets.</li><li>Geopolitical tensions and key technical points like the 50-week EMA may influence Ethereum's price movement, despite positive indicators.</li></ul>

Ethereum Breakout Watch: Can It Push Through the $2,800 Wall?

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