Despite muted market performance in recent months, Ethereum (ETH) has maintained upward momentum over the past week. Traders and investors are drawn to ETH’s renewed appeal as it breaks through key resistance levels. Analyst Ali_Chart predicts a potential rally towards $3,000 if ETH surpasses the $2,588 resistance mark. His observation, supported by technical chart analysis showing increasing buying pressure, highlights bullish sentiment for ETH. 1[Source: Twitter link] 💰 Further supporting this upward trend is Ethereum’s sustained accumulation over an extended period. Santiment reports show a significant decline in the percentage of Ethereum held on exchanges, reaching an all-time low below 4.9%. This signifies growing demand and investor confidence for ETH. Despite experiencing minor declines over the past week, 30-day gains remain strong at over 59%, suggesting potential future price movement. The $2,750 and $2,850 levels act as critical resistance points that if broken, could propel ETH closer to the $3,000 mark.