Ethereum price is currently around $2,520, showing signs of short-term recovery after a recent dip.ETH made a bullish breakout from sideways consolidation, hitting a local high near $2,750 but facing rejection.Hourly chart indicates high volatility with a sharp plunge and swift rebound near key support levels.Fibonacci analysis suggests if ETH breaks $2,750, it could rally towards $3,000–$3,300, supported by institutional buying trends.