Ethereum is holding around $2,700 after another rejection from overhead resistance. Buyers preserve the broader upward structure, but a sustained breakout above the $2.68K-$2.77K resistance zone is needed to turn the current consolidation into a fresh bullish leg. A decisive daily close above $2.77K, followed by a break of the psychological $2.8K level, could pave the way toward the $2.9K-$3K resistance zone. Conversely, a loss of the consolidation lows around $2.64K would increase the likelihood of a deeper correction toward the rising trendline and the $2.36K-$2.42K support zone.
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