Can Ethereum Price Reclaim $3,000 Before the Next Support Test?
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Most likely for now, it just keeps ranging while the market waits for a catalyst.
The risk is $1,755, because if that breaks, the structure weakens significantly and opens the door toward $1,500.
So this is a classic breakout setup, sitting right under resistance, waiting for confirmation, not there yet, but close.
ETH is still stuck in a tight range, moving between roughly $2,300 and $2,405, and it has been doing that for months, which means this is compression, not direction.
Price is sitting close to the top of that range now, so the next move likely comes from here.
