Ethereum (ETH) Price Analysis: Bulls Eye $3K Following Breakout Above $2.7K Resistance

• Ethereum is currently trading around $2.73K after breaking above the $2.7K resistance, indicating a strengthened short-term structure despite approaching another major resistance zone.
• The daily chart shows significant recovery from $1.5K, with ETH reclaiming key resistance levels, but a long-term trend reversal requires trading above higher resistance levels.
• The Taker Buy Sell Ratio remains below 1, indicating aggressive selling has outpaced buying, which could leave the recent breakout vulnerable to consolidation or correction if not reversed.

https://cryptopotato.com/ethereum-eth-price-analysis-bulls-eye-3k-following-breakout-above-2-7k-resistance/