Yigit Taha OZTURK 
In the cryptocurrency market, Ethereum (ETH) has shown a strong upward movement, reaching the $2830 level. Despite experiencing pullbacks below the rising trend, ETH regained momentum and continued its upward movement. This surge indicates that ETH may test key resistance levels in the short term.
Closing Above $2796 is Important!
In our previous analyses, we had mentioned that a closing above the $2796 level was critical. Ethereum surpassed this level, maintaining its uptrend and continuing its upward movement. This level increased buyers’ confidence in the market, allowing the price to test higher levels.
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The next key level for Ethereum is the bearish Fair Value Gap (FVG). If the price breaks through this level, the bullish momentum could strengthen further. However, it is also important to watch out for potential selling pressure from this resistance area.
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