{"content":"Ethereum has once again proven its strength by climbing above the $2,700 mark, regaining bullish momentum in a market still searching for direction. After consolidating for several days, ETH broke out convincingly—leaving behind the resistance at $2,620 and smashing through the $2,700 zone. A key development behind this move was the break of a bearish trendline near $2,450 on the ETH/USD hourly chart. Once that wall came down, bulls wasted no time. Momentum picked up quickly, and Ethereum surged to a local high of $2,736. Since then, there’s been a slight pullback, but ETH continues to hold steady above the 100-hour simple moving average, trading near $2,640. Currently, the $2,720 level is acting as the next short-term hurdle. If bulls manage to flip this into support, we could see a push toward $2,750 and even $2,840. Beyond that, $2,880 and $2,950 come into play as realistic targets in the coming sessions—especially if broader market sentiment holds. But there’s a catch. If ETH fails to break $2,720 convincingly, a dip toward $2,600 or even $2,575 could be in the cards. That level lines up with the 50% Fibonacci retracement of the recent rally from $2,416 to $2,736. A deeper correction might drag the price as low as $2,500 or even $2,420. Still, as long as Ethereum holds above $2,575, the bias remains bullish. The next 24–48 hours could set the tone for the week ahead. Is ETH ready for a full-blown breakout, or will it retest key support before its next leg up? #ETH #TradeStories #TrumpTariffs $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/14/8371bd297b2340cd9539da84a72abe01.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}