<ul><li>Ethereum is approaching the key $2,700 resistance level, essential for confirming a bullish setup amidst Bitcoin's recent all-time high breakout.</li><li>ETH has surged over 55% since early May, driven by investor confidence and capital rotation, with Glassnode data supporting improved fundamentals and bullish signals above $2,400.</li><li>Bulls are in control as Ethereum leads the altcoin momentum, consolidating near $2,700 awaiting a breakout towards $2,900 for further bullish confirmation.</li><li>ETH price is testing major resistance at $2,700, with a potential breakout above the 200-day SMA indicating a broader bullish continuation towards $2,900-$3,000, while finding support at $2,445 and $2,080.</li></ul>

Ethereum Holds Above Key Prices – Data Points To $2,900 Level As Bullish Trigger

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