Ethereum Price Analysis: ETH Bulls Eye $3K Again – Can They Finally Break Through?

Ethereum is trading around $2.75K after holding a multi-week consolidation above $2.4K. The broader structure remains constructive, but ETH is now pressing into an important resistance area where the reaction could determine whether the current advance extends toward the next major supply zone. Ethereum Price Analysis: The Daily Chart The daily chart shows a clear structural improvement from the June low near $1.5K. ETH has formed a sequence of higher lows along an ascending trendline, while the price has moved decisively above both the 100-day and 200-day moving averages. The 100-day and 200-day averages have now printed a bullish crossover around the $2.1K area, and both sit well below the current market price, sloping upward, which indicates a clear bullish shift in market structure after months of correction. After reclaiming the $2.4K region, ETH accelerated toward the $2.8K resistance zone. The asset is currently trading inside this marked resistance area, with the latest candles showing relatively tight consolidation rather than a decisive breakout. A daily close above this region would bring the next major resistance zone, a bearish order block around $3K, into focus. Conve...