Ethereum is trading at critical levels, attempting to push into higher resistance amid global macroeconomic pressures.
Analysts see similarities between Ethereum's current structure and Bitcoin's behavior in 2020, sparking hopes for a bullish continuation.
Ethereum's resilience above $2,600 level has investors anticipating a potential breakout, potentially leading to a broader altseason.
ETH is consolidating above support at $2,607, with technical indicators suggesting ongoing bullish pressure and key levels to watch for potential price movements.