Expectations had been high, but the market needed a spark. That spark arrived yesterday evening, as ETH decisively broke through a key resistance zone and followed it up with a strong bullish candle.

Resistance Broken, Market Awakens

In our previous analysis, we highlighted the 2,697$ – 2,633$ range as a major resistance area. Ethereum not only tested this zone but broke through it with conviction. What followed was a clear bullish momentum, suggesting buyers have regained control.

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There was anticipation that the price could move directly to 2,880$, and ETH indeed made a swift move toward 2,840$ before encountering some mild resistance. The slight pullback that followed may simply be a healthy correction in the context of a larger uptrend.

Sideways Movement Could Benefit Altcoins

Currently, ETH is consolidating near the 2,800$ level. If this sideways action continues, it could open the door for capital rotation into altcoins. As attention briefly shifts away from Ethereum, we may see fresh momentum in the broader market.

Over the next few days, the key factor to watch will be whether ETH continues to move sideways or sets up for another breakout — either direction could be pivotal for the market’s next phase.

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