<ul data-eligibleForWebStory="false"><li>Ethereum has broken above the critical $2,600 level after weeks of range-bound trading, suggesting a potential shift in its price structure towards the $2,800 resistance level.</li><li>Bullish momentum is building up in Ethereum, with market sentiment improving amid easing macroeconomic pressures and signs of renewed risk appetite. Analysts believe that a breakout above $2,800 could trigger a broader altcoin rally.</li><li>Top analyst Ted Pillows sees Ethereum taking the lead in the market as it breaks out from compression, indicating a bullish trend. ETH's movement is closely watched as it aims to surpass the $2,800 barrier, which could lead to significant upside.</li><li>Ethereum's price analysis shows upward momentum building above $2,600, with the potential for a retest of the $2,700–$2,800 resistance zone. The current bullish structure and moving averages alignment suggest a favorable outlook for ETH's price action.</li></ul>

Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves

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