Yigit Taha OZTURK 
As the crypto market continues to search for direction, Ethereum is forming a notable ascending trend on the 4-hour chart. The price remains within this rising structure — but a critical resistance stands in the way.
Trend Holds for Now, But $2,550 Resistance Is Capping Gains
Currently, Ethereum is trading above its ascending trendline. However, the price is facing a strong resistance zone around $2,550.
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If this level is broken with meaningful volume, a short-term push toward $2,650 becomes a likely scenario. This move could bring renewed momentum to the market.
Losing the Trend Could Bring $2,360 Into Play
On the flip side, a breakdown below the trendline or the confirmation of a descending triangle formation could reverse the current outlook. In this case, the $2,360 area would act as the first key support.
In such indecisive market conditions, waiting for price confirmation before entering trades can be a safer strategy for investors.
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