Ethereum has paused below a key resistance zone after its rebound from the $1.85K-$1.92K support area, with the asset trading slightly above $2.7K. A sustained break above the $2.77K resistance and the recent $2.8K high could open the way toward the $2.9K-$3K resistance zone, while repeated rejection would target the $2.35K-$2.51K demand zone. The broader structure remains constructive as ETH holds above its rising trendline, though the RSI near 60 signals cooled short-term momentum. Binance liquidation concentrations sit at $2.62K on the downside and $2.75K-$2.8K on the upside, suggesting a consolidation breakout could trigger a sharper move as leveraged positions unwind.
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